Partnership Act, 1932

Partnership Act, 1932 — section 15

15. Application of the property of the firm..—Subject to contract between the partners, the property of the firm shall be held and used by the partners exclusively for the purposes of the business.

This is the text of the provision as enacted. It is legal information, not legal advice, and it cannot account for the facts of your own matter. For advice on your situation, consult a verified advocate.