# The Indian Partnership Act, 1932, Section 54: Agreements in restraint of trade

- Act: The Indian Partnership Act, 1932 (Act 9 of 1932)
- Ministry: Ministry of Corporate Affairs
- Source URL: https://indiacode.ecourtsindia.com/partnership-act/section/54/

## Text

Partners may, upon or in anticipation of the dissolution of the firm, make an agreement that some or all of them will not carry on a business similar to that of the firm within a specified period or within specified local limits; and notwithstanding anything contained in section 27 of the Indian Contract Act, 1872 (9 of 1872), such agreement shall be valid if the restrictions imposed are reasonable.

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