Partnership Act, 1932 — section 3

3. Application of provisions of ACT IX of 1872..—The unrepealed provisions of the Contract Act, 1872 (IX of 1872), save in so far as they are inconsistent with the express provisions of this Act, shall continue to apply to firms. 1 For Statement of Objects and Reasons and for Report of Special Committee, see Gazette of India, 1931. Pt. V, p. 31; for Report of Select Committee, see ibid., 1932, Pt.V, p. 1. The Act has been applied to Phulera in the Excluded Area of Upper Tanawal to the extent the Act is applicable in the N. W.F.P., and extended to the Excluded Area of Upper Tanawal (N.W.F.P ) other than Phulera with effect from such date and subject to such modifications as may be notified, see N.W.F.P. (Upper Tanawal) (Excluded Area) Laws Regulation, 1950. It has also been extended to the Leased Areas of Baluchistan, see the Leased Areas (Laws) Order, 1950 (G. G. O. 3 of 1950) ; and also applied in the Federated Areas of Baluchistan, see Gazette of India, 1937, Pt. I, p. 1499. This Act has been extended to the Baluchistan States Union, see the Baluchistan States Union (Federal Laws) (Extension) Order, 1953 (G. G. O. 4 of 1953), as amended by the Baluchistan States Union (Federal Laws) (Extension) (Second Arndt.) Order, 1953 (G. G. O. 19 of 1953).) 2 The word “Indian” omitted by A. O., 1949. 3 Subs. by the Central Laws (Statute Reform) Ordinance, 1960 (21 of 1960), s. 3 and 2nd Sch., (with effect from the 14th October, 1955), for the original sub‑section (2) as amended by A. O.,1949, and the Federal Laws (Revision and Declaration) Act, 1951 (26 of 1951), s. 8. UNDER PROOF READING CHAPTER II THE NATURE OF PARTNERSHIP