Section 4 of the Indian Partnership Act defines it as ‘the relation between persons who have agreed to share the profits of a business cancellation by any of them acting for all” Persons who have entered into partnership with one of other are called individually “partners” and collectively “a firm”, and the name under which their business is carried on, is called the “firm name”.
Latest posts by BMS Team (see all)
- Meterdown Annual Festival is back with its 7th edition – Starts today! - January 16, 2020
- Tybms sem 6 results 2019 declared on 19th June 2019 - June 19, 2019
- TYBMS Sem 6 Results 2019 Update from BMS khabri! - June 15, 2019