Illegal Partnership

In this forum we will give laws, details, discussion, rulings, Act and much more about the liabilities, duties of the partners in the partnership business, formation and dissolution of the partnership.

Illegal Partnership

Unread postby Admin » Sat Aug 04, 2012 10:01 am

Illegal Partnership

A partnership is illegal:

1. If the object of the partnership being unlawful is hit by section 23 of the Contract Act.

2. If the number of parsons entering into partnership exceeds that permitted by section 4 of the Companies Act 1913

3. If the partnership is formed with an alien enemy.

4. If partnership is against international comity
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