Section 36 of IPA : Section 36: Rights Of Outgoing Partner To Carry On Competing Business

IPA

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Explanation using Example

Imagine a scenario where Raj, Meena, and Anil are partners in a firm called 'QuickTech Solutions'. Raj decides to leave the partnership to start his own venture. According to Section 36 of The Indian Partnership Act, 1932:

  • Raj can start a competing tech business, but he cannot use the name 'QuickTech Solutions' for his new venture.
  • H...

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