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The provisions relating to Partnership before the Indian Partnership Act, 1932 were in :

  • A.Sole of Goods Act, 1930
  • B.English Partnership Act, 1890
  • C.Indian Contract Act, 1872
  • D.Transfer of Property Act, 1908

Answer: C

Before 1932, partnership was governed by the Indian Contract Act, 1872.

The law of partnership was originally contained in Chapter XI of the Indian Contract Act, 1872 (Sections 239 to 266). Those provisions were found inadequate and were repealed when the Indian Partnership Act, 1932 was enacted as a separate law.

The English Partnership Act, 1890 influenced the drafting of the Indian Act but was never the law in force in India. The Sale of Goods Act, 1930 was itself carved out of the Contract Act in the same way, and the Transfer of Property Act is of 1882, not 1908, and does not deal with partnership.

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