SlideShare a Scribd company logo
DETERMINATION OF RIGHT AND DUTIES OF
PARTNERS AND AGREEMENT IN RESTRAINT OF
TRADE
 Determined by contract
 Contract may be express or implied by
course of dealing
 Contract may be varied by consent of all
partners
 Consent may be express or implied by course
of dealing Section -11(1)
 A partner shall not carry on the business
other than that of the firm while he is a
partner
 Constitutional Provision
Article- 18
State can by law ban or declare any trade
unlawful- PLD1975 S.C. 667
Section – 11(2)
Determination of rights and  duties of partners

More Related Content

What's hot

Law 206 Ch. 2 - Offer
Law 206   Ch. 2 - OfferLaw 206   Ch. 2 - Offer
Law 206 Ch. 2 - Offerrharrisonaz
 
Business law lec-2
Business law lec-2Business law lec-2
Rental agreement
Rental agreementRental agreement
Rental agreement
SwaritAdvisors
 
Module 1- Legal Documents an Overview
Module 1- Legal Documents an OverviewModule 1- Legal Documents an Overview
Module 1- Legal Documents an Overview
rostrumlegal
 
What is a lease between a renter and tenant - Frank Roessler
What is a lease between a renter and tenant - Frank RoesslerWhat is a lease between a renter and tenant - Frank Roessler
What is a lease between a renter and tenant - Frank Roessler
Frank Roessler
 
Law 206 Ch. 1 - Overview of Contracts
Law 206   Ch. 1 - Overview of ContractsLaw 206   Ch. 1 - Overview of Contracts
Law 206 Ch. 1 - Overview of Contractsrharrisonaz
 
Applying sections 120 and 121 of the Bankruptcy Act to transfers of property ...
Applying sections 120 and 121 of the Bankruptcy Act to transfers of property ...Applying sections 120 and 121 of the Bankruptcy Act to transfers of property ...
Applying sections 120 and 121 of the Bankruptcy Act to transfers of property ...Georgina King
 
Sales & contract law
Sales & contract law Sales & contract law
Sales & contract law
Babasab Patil
 
Ventas y mercadeo_en_eua_de_productos_inmobiliarios_en_méxico[1] - pa slide t...
Ventas y mercadeo_en_eua_de_productos_inmobiliarios_en_méxico[1] - pa slide t...Ventas y mercadeo_en_eua_de_productos_inmobiliarios_en_méxico[1] - pa slide t...
Ventas y mercadeo_en_eua_de_productos_inmobiliarios_en_méxico[1] - pa slide t...djaloma
 
Business law, chapter 8
Business law, chapter 8Business law, chapter 8
Business law, chapter 8
Daranita Kuy
 
Capacity to Contract
Capacity to ContractCapacity to Contract
Capacity to Contract
airlawacademy
 
Validity of contingent contracts under ica
Validity of contingent contracts under icaValidity of contingent contracts under ica
Validity of contingent contracts under ica
Ratul7
 
Law contract act And essential elements
Law contract act And essential elementsLaw contract act And essential elements
Law contract act And essential elements
Agam Sharma
 
D1 P Contract
D1 P ContractD1 P Contract
D1 P ContractMCA
 
General principles of contracts (part two)
General principles of contracts (part two)General principles of contracts (part two)
General principles of contracts (part two)
Diganth Raj Sehgal
 

What's hot (16)

Law 206 Ch. 2 - Offer
Law 206   Ch. 2 - OfferLaw 206   Ch. 2 - Offer
Law 206 Ch. 2 - Offer
 
Business law lec-2
Business law lec-2Business law lec-2
Business law lec-2
 
Rental agreement
Rental agreementRental agreement
Rental agreement
 
Module 1- Legal Documents an Overview
Module 1- Legal Documents an OverviewModule 1- Legal Documents an Overview
Module 1- Legal Documents an Overview
 
Ch01(1)
Ch01(1)Ch01(1)
Ch01(1)
 
What is a lease between a renter and tenant - Frank Roessler
What is a lease between a renter and tenant - Frank RoesslerWhat is a lease between a renter and tenant - Frank Roessler
What is a lease between a renter and tenant - Frank Roessler
 
Law 206 Ch. 1 - Overview of Contracts
Law 206   Ch. 1 - Overview of ContractsLaw 206   Ch. 1 - Overview of Contracts
Law 206 Ch. 1 - Overview of Contracts
 
Applying sections 120 and 121 of the Bankruptcy Act to transfers of property ...
Applying sections 120 and 121 of the Bankruptcy Act to transfers of property ...Applying sections 120 and 121 of the Bankruptcy Act to transfers of property ...
Applying sections 120 and 121 of the Bankruptcy Act to transfers of property ...
 
Sales & contract law
Sales & contract law Sales & contract law
Sales & contract law
 
Ventas y mercadeo_en_eua_de_productos_inmobiliarios_en_méxico[1] - pa slide t...
Ventas y mercadeo_en_eua_de_productos_inmobiliarios_en_méxico[1] - pa slide t...Ventas y mercadeo_en_eua_de_productos_inmobiliarios_en_méxico[1] - pa slide t...
Ventas y mercadeo_en_eua_de_productos_inmobiliarios_en_méxico[1] - pa slide t...
 
Business law, chapter 8
Business law, chapter 8Business law, chapter 8
Business law, chapter 8
 
Capacity to Contract
Capacity to ContractCapacity to Contract
Capacity to Contract
 
Validity of contingent contracts under ica
Validity of contingent contracts under icaValidity of contingent contracts under ica
Validity of contingent contracts under ica
 
Law contract act And essential elements
Law contract act And essential elementsLaw contract act And essential elements
Law contract act And essential elements
 
D1 P Contract
D1 P ContractD1 P Contract
D1 P Contract
 
General principles of contracts (part two)
General principles of contracts (part two)General principles of contracts (part two)
General principles of contracts (part two)
 

More from Moazzam Habib

Punjab indutrial relations act 2010
Punjab indutrial relations act 2010Punjab indutrial relations act 2010
Punjab indutrial relations act 2010
Moazzam Habib
 
Partnership nature of partnership
Partnership  nature of partnershipPartnership  nature of partnership
Partnership nature of partnership
Moazzam Habib
 
Partnership duties of partners
Partnership  duties of partnersPartnership  duties of partners
Partnership duties of partners
Moazzam Habib
 
Partnership by status
Partnership by statusPartnership by status
Partnership by status
Moazzam Habib
 
Partnership act
Partnership actPartnership act
Partnership act
Moazzam Habib
 
Partnership act
Partnership  actPartnership  act
Partnership act
Moazzam Habib
 
Papers
PapersPapers
Papers dad
Papers   dadPapers   dad
Papers dad
Moazzam Habib
 
Paper 2
Paper 2Paper 2
Paper 2
Moazzam Habib
 
Negotiable instrument types of negotiable instruments
Negotiable instrument   types of negotiable instrumentsNegotiable instrument   types of negotiable instruments
Negotiable instrument types of negotiable instruments
Moazzam Habib
 
Negotiable instrument negotiable instrument act
Negotiable instrument    negotiable instrument actNegotiable instrument    negotiable instrument act
Negotiable instrument negotiable instrument act
Moazzam Habib
 
Negotiable instrument negotiable instrumentsact1881
Negotiable instrument    negotiable  instrumentsact1881Negotiable instrument    negotiable  instrumentsact1881
Negotiable instrument negotiable instrumentsact1881
Moazzam Habib
 
Midterm paper
Midterm paperMidterm paper
Midterm paper
Moazzam Habib
 
Labour laws in pakistan punjab ira 2010
Labour laws in pakistan  punjab ira 2010Labour laws in pakistan  punjab ira 2010
Labour laws in pakistan punjab ira 2010
Moazzam Habib
 
Kinds of partnership
Kinds of partnershipKinds of partnership
Kinds of partnership
Moazzam Habib
 
Kinds of contract
Kinds of contractKinds of contract
Kinds of contract
Moazzam Habib
 
Joint stock company
Joint stock companyJoint stock company
Joint stock company
Moazzam Habib
 
Incorporation of companies
Incorporation of companiesIncorporation of companies
Incorporation of companies
Moazzam Habib
 
Factories act 1934
Factories act 1934Factories act 1934
Factories act 1934
Moazzam Habib
 
Factories act 1934.l
Factories act 1934.lFactories act 1934.l
Factories act 1934.l
Moazzam Habib
 

More from Moazzam Habib (20)

Punjab indutrial relations act 2010
Punjab indutrial relations act 2010Punjab indutrial relations act 2010
Punjab indutrial relations act 2010
 
Partnership nature of partnership
Partnership  nature of partnershipPartnership  nature of partnership
Partnership nature of partnership
 
Partnership duties of partners
Partnership  duties of partnersPartnership  duties of partners
Partnership duties of partners
 
Partnership by status
Partnership by statusPartnership by status
Partnership by status
 
Partnership act
Partnership actPartnership act
Partnership act
 
Partnership act
Partnership  actPartnership  act
Partnership act
 
Papers
PapersPapers
Papers
 
Papers dad
Papers   dadPapers   dad
Papers dad
 
Paper 2
Paper 2Paper 2
Paper 2
 
Negotiable instrument types of negotiable instruments
Negotiable instrument   types of negotiable instrumentsNegotiable instrument   types of negotiable instruments
Negotiable instrument types of negotiable instruments
 
Negotiable instrument negotiable instrument act
Negotiable instrument    negotiable instrument actNegotiable instrument    negotiable instrument act
Negotiable instrument negotiable instrument act
 
Negotiable instrument negotiable instrumentsact1881
Negotiable instrument    negotiable  instrumentsact1881Negotiable instrument    negotiable  instrumentsact1881
Negotiable instrument negotiable instrumentsact1881
 
Midterm paper
Midterm paperMidterm paper
Midterm paper
 
Labour laws in pakistan punjab ira 2010
Labour laws in pakistan  punjab ira 2010Labour laws in pakistan  punjab ira 2010
Labour laws in pakistan punjab ira 2010
 
Kinds of partnership
Kinds of partnershipKinds of partnership
Kinds of partnership
 
Kinds of contract
Kinds of contractKinds of contract
Kinds of contract
 
Joint stock company
Joint stock companyJoint stock company
Joint stock company
 
Incorporation of companies
Incorporation of companiesIncorporation of companies
Incorporation of companies
 
Factories act 1934
Factories act 1934Factories act 1934
Factories act 1934
 
Factories act 1934.l
Factories act 1934.lFactories act 1934.l
Factories act 1934.l
 

Recently uploaded

Lifting the Corporate Veil. Power Point Presentation
Lifting the Corporate Veil. Power Point PresentationLifting the Corporate Veil. Power Point Presentation
Lifting the Corporate Veil. Power Point Presentation
seri bangash
 
在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样
在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样
在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样
osenwakm
 
原版制作(PSU毕业证书)宾州州立大学公园分校毕业证学历证书一模一样
原版制作(PSU毕业证书)宾州州立大学公园分校毕业证学历证书一模一样原版制作(PSU毕业证书)宾州州立大学公园分校毕业证学历证书一模一样
原版制作(PSU毕业证书)宾州州立大学公园分校毕业证学历证书一模一样
osenwakm
 
Rokita Releases Soccer Stadium Legal Opinion
Rokita Releases Soccer Stadium Legal OpinionRokita Releases Soccer Stadium Legal Opinion
Rokita Releases Soccer Stadium Legal Opinion
Abdul-Hakim Shabazz
 
定制(nus毕业证书)新加坡国立大学毕业证学位证书实拍图原版一模一样
定制(nus毕业证书)新加坡国立大学毕业证学位证书实拍图原版一模一样定制(nus毕业证书)新加坡国立大学毕业证学位证书实拍图原版一模一样
定制(nus毕业证书)新加坡国立大学毕业证学位证书实拍图原版一模一样
9ib5wiwt
 
Ease of Paying Tax Law Republic Act 11976
Ease of Paying Tax Law Republic Act 11976Ease of Paying Tax Law Republic Act 11976
Ease of Paying Tax Law Republic Act 11976
PelayoGilbert
 
2015pmkemenhub163.pdf. 2015pmkemenhub163.pdf
2015pmkemenhub163.pdf. 2015pmkemenhub163.pdf2015pmkemenhub163.pdf. 2015pmkemenhub163.pdf
2015pmkemenhub163.pdf. 2015pmkemenhub163.pdf
CIkumparan
 
办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样
办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样
办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样
9ib5wiwt
 
原版仿制(aut毕业证书)新西兰奥克兰理工大学毕业证文凭毕业证雅思成绩单原版一模一样
原版仿制(aut毕业证书)新西兰奥克兰理工大学毕业证文凭毕业证雅思成绩单原版一模一样原版仿制(aut毕业证书)新西兰奥克兰理工大学毕业证文凭毕业证雅思成绩单原版一模一样
原版仿制(aut毕业证书)新西兰奥克兰理工大学毕业证文凭毕业证雅思成绩单原版一模一样
9ib5wiwt
 
Defending Weapons Offence Charges: Role of Mississauga Criminal Defence Lawyers
Defending Weapons Offence Charges: Role of Mississauga Criminal Defence LawyersDefending Weapons Offence Charges: Role of Mississauga Criminal Defence Lawyers
Defending Weapons Offence Charges: Role of Mississauga Criminal Defence Lawyers
HarpreetSaini48
 
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdfXYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
bhavenpr
 
1比1制作(swansea毕业证书)英国斯旺西大学毕业证学位证书托业成绩单原版一模一样
1比1制作(swansea毕业证书)英国斯旺西大学毕业证学位证书托业成绩单原版一模一样1比1制作(swansea毕业证书)英国斯旺西大学毕业证学位证书托业成绩单原版一模一样
1比1制作(swansea毕业证书)英国斯旺西大学毕业证学位证书托业成绩单原版一模一样
9ib5wiwt
 
Daftar Rumpun, Pohon, dan Cabang Ilmu (28 Mei 2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (28 Mei 2024).pdfDaftar Rumpun, Pohon, dan Cabang Ilmu (28 Mei 2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (28 Mei 2024).pdf
akbarrasyid3
 
Business and Corporate Case Update (2024)
Business and Corporate Case Update (2024)Business and Corporate Case Update (2024)
Business and Corporate Case Update (2024)
Wendy Couture
 
Understanding about ITR-1 and Documentation
Understanding about ITR-1 and DocumentationUnderstanding about ITR-1 and Documentation
Understanding about ITR-1 and Documentation
CAAJAYKUMAR4
 
Bharatiya Nagarik Suraksha Sanhita power.pptx
Bharatiya Nagarik Suraksha Sanhita power.pptxBharatiya Nagarik Suraksha Sanhita power.pptx
Bharatiya Nagarik Suraksha Sanhita power.pptx
ShivkumarIyer18
 
Matthew Professional CV experienced Government Liaison
Matthew Professional CV experienced Government LiaisonMatthew Professional CV experienced Government Liaison
Matthew Professional CV experienced Government Liaison
MattGardner52
 
Tax Law Notes on taxation law tax law for 10th sem
Tax Law Notes on taxation law tax law for 10th semTax Law Notes on taxation law tax law for 10th sem
Tax Law Notes on taxation law tax law for 10th sem
azizurrahaman17
 
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...
Massimo Talia
 
Highlights_of_Bhartiya_Nyaya_Sanhita.pptx
Highlights_of_Bhartiya_Nyaya_Sanhita.pptxHighlights_of_Bhartiya_Nyaya_Sanhita.pptx
Highlights_of_Bhartiya_Nyaya_Sanhita.pptx
anjalidixit21
 

Recently uploaded (20)

Lifting the Corporate Veil. Power Point Presentation
Lifting the Corporate Veil. Power Point PresentationLifting the Corporate Veil. Power Point Presentation
Lifting the Corporate Veil. Power Point Presentation
 
在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样
在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样
在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样
 
原版制作(PSU毕业证书)宾州州立大学公园分校毕业证学历证书一模一样
原版制作(PSU毕业证书)宾州州立大学公园分校毕业证学历证书一模一样原版制作(PSU毕业证书)宾州州立大学公园分校毕业证学历证书一模一样
原版制作(PSU毕业证书)宾州州立大学公园分校毕业证学历证书一模一样
 
Rokita Releases Soccer Stadium Legal Opinion
Rokita Releases Soccer Stadium Legal OpinionRokita Releases Soccer Stadium Legal Opinion
Rokita Releases Soccer Stadium Legal Opinion
 
定制(nus毕业证书)新加坡国立大学毕业证学位证书实拍图原版一模一样
定制(nus毕业证书)新加坡国立大学毕业证学位证书实拍图原版一模一样定制(nus毕业证书)新加坡国立大学毕业证学位证书实拍图原版一模一样
定制(nus毕业证书)新加坡国立大学毕业证学位证书实拍图原版一模一样
 
Ease of Paying Tax Law Republic Act 11976
Ease of Paying Tax Law Republic Act 11976Ease of Paying Tax Law Republic Act 11976
Ease of Paying Tax Law Republic Act 11976
 
2015pmkemenhub163.pdf. 2015pmkemenhub163.pdf
2015pmkemenhub163.pdf. 2015pmkemenhub163.pdf2015pmkemenhub163.pdf. 2015pmkemenhub163.pdf
2015pmkemenhub163.pdf. 2015pmkemenhub163.pdf
 
办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样
办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样
办理(waikato毕业证书)新西兰怀卡托大学毕业证双学位证书原版一模一样
 
原版仿制(aut毕业证书)新西兰奥克兰理工大学毕业证文凭毕业证雅思成绩单原版一模一样
原版仿制(aut毕业证书)新西兰奥克兰理工大学毕业证文凭毕业证雅思成绩单原版一模一样原版仿制(aut毕业证书)新西兰奥克兰理工大学毕业证文凭毕业证雅思成绩单原版一模一样
原版仿制(aut毕业证书)新西兰奥克兰理工大学毕业证文凭毕业证雅思成绩单原版一模一样
 
Defending Weapons Offence Charges: Role of Mississauga Criminal Defence Lawyers
Defending Weapons Offence Charges: Role of Mississauga Criminal Defence LawyersDefending Weapons Offence Charges: Role of Mississauga Criminal Defence Lawyers
Defending Weapons Offence Charges: Role of Mississauga Criminal Defence Lawyers
 
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdfXYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
XYZ-v.-state-of-Maharashtra-Bombay-HC-Writ-Petition-6340-2023.pdf
 
1比1制作(swansea毕业证书)英国斯旺西大学毕业证学位证书托业成绩单原版一模一样
1比1制作(swansea毕业证书)英国斯旺西大学毕业证学位证书托业成绩单原版一模一样1比1制作(swansea毕业证书)英国斯旺西大学毕业证学位证书托业成绩单原版一模一样
1比1制作(swansea毕业证书)英国斯旺西大学毕业证学位证书托业成绩单原版一模一样
 
Daftar Rumpun, Pohon, dan Cabang Ilmu (28 Mei 2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (28 Mei 2024).pdfDaftar Rumpun, Pohon, dan Cabang Ilmu (28 Mei 2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (28 Mei 2024).pdf
 
Business and Corporate Case Update (2024)
Business and Corporate Case Update (2024)Business and Corporate Case Update (2024)
Business and Corporate Case Update (2024)
 
Understanding about ITR-1 and Documentation
Understanding about ITR-1 and DocumentationUnderstanding about ITR-1 and Documentation
Understanding about ITR-1 and Documentation
 
Bharatiya Nagarik Suraksha Sanhita power.pptx
Bharatiya Nagarik Suraksha Sanhita power.pptxBharatiya Nagarik Suraksha Sanhita power.pptx
Bharatiya Nagarik Suraksha Sanhita power.pptx
 
Matthew Professional CV experienced Government Liaison
Matthew Professional CV experienced Government LiaisonMatthew Professional CV experienced Government Liaison
Matthew Professional CV experienced Government Liaison
 
Tax Law Notes on taxation law tax law for 10th sem
Tax Law Notes on taxation law tax law for 10th semTax Law Notes on taxation law tax law for 10th sem
Tax Law Notes on taxation law tax law for 10th sem
 
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...
 
Highlights_of_Bhartiya_Nyaya_Sanhita.pptx
Highlights_of_Bhartiya_Nyaya_Sanhita.pptxHighlights_of_Bhartiya_Nyaya_Sanhita.pptx
Highlights_of_Bhartiya_Nyaya_Sanhita.pptx
 

Determination of rights and duties of partners

  • 1. DETERMINATION OF RIGHT AND DUTIES OF PARTNERS AND AGREEMENT IN RESTRAINT OF TRADE
  • 2.  Determined by contract  Contract may be express or implied by course of dealing  Contract may be varied by consent of all partners  Consent may be express or implied by course of dealing Section -11(1)
  • 3.  A partner shall not carry on the business other than that of the firm while he is a partner  Constitutional Provision Article- 18 State can by law ban or declare any trade unlawful- PLD1975 S.C. 667 Section – 11(2)