Central · Act 9 of 1932

Section 53 — Right to restrain from use of firm name or firm property.

The Indian Partnership Act, 1932

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After a firm is dissolved, every partner or his representative may, in the absence of a contract between the partners to the contrary, restrain any other partner or his representative from carrying on a similar business in the firm name or from using any of the property of the firm for his own benefit, until the affairs of the firm 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.

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Next · Section 54Agreements in restraint of trade. →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 53 — Right to restrain from use of firm name or firm property. | The Indian Partnership Act, 1932 | NYAYA SIGNAL

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