Central · Act 9 of 1932

Section 12 — The conduct of the business.

The Indian Partnership Act, 1932

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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.

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Next · Section 13Mutual rights and liabilities. →All sections / सभी धाराएँThe Indian Partnership Act, 1932 →
More sections of this actSection 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Application of provisions of Act 9 of 1872.Section 4 · Definition of “partnership”, “partner”, “firm” and “firm name”.Section 5 · Partnership not created by status.Section 6 · Mode of determining existence of partnership.Section 7 · Partnership at will.Section 8 · Particular partnership.
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India Code, Government of India. Text fetched 24 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.

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Section 12 — The conduct of the business. | The Indian Partnership Act, 1932 | NYAYA SIGNAL

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