Section12
The Indian Partnership Act, 1932

The conduct of the business

In force Act 9 of 1932 As on 15 Oct 2026

Act 9 of 1932 Ministry Corporate Affairs Enacted 08 Apr 1932

Commencement. 1932-10-01 (except section 69) 1933-10-01

Section 12 of the Indian Partnership Act, 1932 deals with the conduct of the business. Subject to contract between the partners-- (a) every partner has a right to take part in the conduct of the business; The Act was enacted on 08 Apr 1932.

Subject to contract between the partners--

(a) every partner has a right to take part in the conduct of the business;

(b) every partner is bound to attend diligently to his duties in the conduct of the business;

(c) any difference arising as to ordinary matters connected with the business may be decided by a majority of the partners, and every partner shall have the right to express his opinion before the matter is decided, but no change may be made in the nature of the business without the consent of all the partners; and

(d) every partner has a right to have access to and to inspect and copy any of the books of the firm.

Section 12, The Indian Partnership Act, 1932 (Act 9 of 1932).

Questions about Section 12

What does Section 12 of the Indian Partnership Act deal with?

Section 12 of the Indian Partnership Act is headed "The conduct of the business". Subject to contract between the partners-- (a) every partner has a right to take part in the conduct of the business;

How do I find court cases under Section 12 of the Indian Partnership Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Partnership Act 12, section 12 Partnership Act, section 12 of the Indian Partnership Act. People searching for it also type indian partnership act 1932 class 12 and indian partnership act 1932 section 12 b. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

When was Section 12 of the Indian Partnership Act enacted?

Section 12 of the Indian Partnership Act, cited as Partnership Act 12, was enacted on 08 Apr 1932 as Act 9 of 1932. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 15 Oct 2026. This page is not a substitute for legal advice.