Personal profits earned after dissolution
Commencement. 1932-10-01 (except section 69) 1933-10-01
Section 50 of the Indian Partnership Act, 1932 deals with personal profits earned after dissolution. Subject to contract between the partners, the provisions of clause (a) of section 16 shall apply to transactions by any surviving partner or by the representatives of a deceased partner, undertaken after the firm is dissolved on account of the death of a partner and before its affairs have been comp The Act was enacted on 08 Apr 1932.
Subject to contract between the partners, the provisions of clause (a) of section 16 shall apply to transactions by any surviving partner or by the representatives of a deceased partner, undertaken after the firm is dissolved on account of the death of a partner and before its affairs have been completely wound up:
Provided that where any partner or his representative has bought the goodwill of the firm, nothing in this section shall affect his right to use the firm name.
Section 50, The Indian Partnership Act, 1932 (Act 9 of 1932).
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Questions about Section 50
What does Section 50 of the Indian Partnership Act deal with?
Section 50 of the Indian Partnership Act is headed "Personal profits earned after dissolution". Subject to contract between the partners, the provisions of clause (a) of section 16 shall apply to transactions by any surviving partner or by the representatives of a deceased partner, undertaken after the firm is dissolved on account of the death of a partner and before its affairs have been comp
How do I find court cases under Section 50 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 50, section 50 Partnership Act, section 50 of the Indian Partnership Act. People searching for it also type section 50 indian partnership act 1932. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 50 of the Indian Partnership Act, and has it changed?
Its own text turns on section 16 (Personal profits earned by partners), so none of them can safely be read on its own.
When was Section 50 of the Indian Partnership Act enacted?
Section 50 of the Indian Partnership Act, cited as Partnership Act 50, 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 16 Oct 2026. This page is not a substitute for legal advice.