Section 15 – The Partnership Act, 1932

Application of the Property of the Firm.

Subject to the contract between the partners, the property of the firm shall be held and used by the partners exclusively for the purposes of the business.

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CA Bhuvnesh Goyal Partner
CA Bhuvnesh Goyal is a Chartered Accountant with expertise in taxation, finance, and business compliance. He shares practical insights to help readers navigate complex financial matters with ease.