Seven parson kisi railway station par fight karna start karte hai and present tarevlling chhubdh ho jate hai or experience with problem and they person how guilty of abetment
फर्म का कोई भी भागीदार फर्म के व्यवसाय में भाग लेने के परिणामस्वरूप फर्म द्वारा व्यवसाय के मुनाफे में अपने हिस्से के साथ कोई पारिश्रमिक प्राप्त करने का हकदार नहीं है। हालांकि, यह नियम हमेशा एक एक्सप्रेस समझौते से भिन्न हो सकता है, या व्यवहार के दौरान, जिस स्थिति में भागीदार पारिश्रमिक का हकदार होगा। इस प्रकार, एक भागीदार अनुबंध के अभाव में भी पारिश्रमिक का दावा कर सकता है, जब फर्म के निरंतर उपयोग के तहत इस तरह का पारिश्रमिक देय हो। सरल शब्दों में, जहां यह साझेदारी फर्म के व्यवसाय के संचालन के लिए एक साथी को पारिश्रमिक का भुगतान करने के लिए प्रथागत है, भागीदार उसी के भुगतान के लिए अनुबंध की अनुपस्थिति में भी दावा कर सकता है।
Hiii mem! Mem jesa ki aapne btaya ki 4 th .Point me ek partner ko remuneration dete he But mera ye doubt he mem ki ek partner khud us frm ka agent, principal hota h... So wo frm se remuneration nhi lekr profit me apna share lega
Rights of a Partner The following are the rights of a partner in a partnership firm. Section 12(a): Right to take part in the conduct of the Business All the partners of a partnership firm have the right to take part in the business conducted by the firm as a partnership business is a business of the partners, and their management powers are generally coextensive. If the management power of a particular partner is interfered with and the individual has been wrongfully precluded from participating, the Court of Law can intervene under such circumstances. The Court can, and will, restrain the other partner from doing so by injunction. Other remedies are a suit for dissolution, a suit for accounts without seeking dissolution and so on for a partner who has been wrongfully deprived of the right to participate in the management. The previously mentioned provisions of the law will be applicable unless there is no existing contract to the contrary among the partners. It is common to find a term in partnership agreements that gives only a limited power of management to a specific partner or a term that the control of the partnership will remain vested with one or more partners to the exclusion of others. In such a case, the Court of Law would generally be unwilling to interpose with the management with such partner (s), unless it is proven that something was done illegally or in the breach of trust among the partners. Section 12(c): Right to be consulted When a difference of any sorts arises between the partners of a firm concerning the business of the firm, it shall be decided by the views of the majority among the partners. Every partner in the firm shall have the right to express his opinion before the decision is made. However, there can be no changes like the business of the firm without the consent of all the partners involved. As a routine matter, the opinion of the majority of the partners will prevail. Although, the majority rule would not apply when there is a change like the firm itself. In such situations, the unanimous consent of the partners is required. Section 12(d): Right of access to books Every partner of the firm, regardless of being an active or a sleeping partner, is entitled to have access to any of the books of the partnership firm. The partner has the right to inspect and take a copy of the same if required. However, this right must be exercised bonafide. Section 13(a): Right to remuneration No partner of the firm is entitled to receive any remuneration along with his share in the profits of the business by the firm as a result of taking part in the business of the firm. Although, this rule may always vary by an express agreement, or by a course of dealings, in which case the partner will be entitled to remuneration. Thus, a partner may claim remuneration even in the absence of a contract, when such remuneration is payable under the continued usage of the firm. In simpler words, where it is customary to pay remuneration to a partner for conducting the business of the partnership firm, the partner may claim it even in the absence of a contract for the payment of the same. It is common for partners to agree that a managing partner will receive over and above his share, salary or commission for the trouble that he will take while conducting the business of the firm. Section 13(b): Right to share profits Partners are entitled to share all the profits earned in the business equally. Similarly, the losses sustained by the partnership firm is also equally contributed. The amount of a partner’s share must be ascertained by inquiring whether there is an agreement in that behalf among the partners. If there is no agreement, then it can be presumed that the share of profit is equal and the burden of proving that the shares are unequal, will lie on the party alleging the same. The is no relation between the proportion in which the partners shall share the profits and the percentage in which they have contributed to the capital of the partnership firm. Section 13(c): Interest on capital If a partner subscribes interest on capital is payable to the partner under the partnership deed, then the interest will be payable out of the profits only in such a case. In a general rule, the interest on a capital subscribes by partners is not permitted unless there is an agreement or a usage to that effect. The underlying principle in this provision of law is that with concern to the capital brought by a partner in the business, the partner is not a creditor of the firm but an adventurer. The following elements must be ensured before a partner can be entitled to interest on the capital brought by the partner in the business. An express agreement to the same effect or the practice of a particular partnership. Any trade custom to that effect; or A statutory provision which entitles him to such interest on the capital. Section 13(d): Interest on advances If a partner makes an advance to the partnership firm in addition to the amount of capital to be contributed by him, the partner is entitled to claim interest thereon at 6 per cent per annum. While the interest on capital account ceases to run on dissolution, the interest on advances keeps running even after dissolution and up to the date of payment. It can be noted that the Partnership Act makes a distinction between the capital contribution of a partner and the advance made by him to the firm. The advance by the partner is regarded as loans which should bear interest while the capital interest takes interest only when there is an agreement to this effect. Section 13(e): Right to be indemnified All the partners of the firm have the right to be repaid by the firm in respect of the payments made and the liabilities incurred by him in the ordinary and proper conduct of the business of the firm. This also includes the performance of an act in an emergency for protecting the firm from a loss, if the payments, liability and action are such as a prudent man would make, incur or perform in his case, under similar circumstances. Section 31: Right to stop the admission of a new partner All the partners of a partnership firm have the right to prevent the introduction of a new partner in the firm without the consent of all the existing partners. Section 32(1): Right to retire Every partner of a partnership firm has the right to withdraw from the business with the consent of all the other partners. In the case of a partnership formed at will, this may be done by giving a notice to that effect to all the other partners. Section 33: Right not to be expelled Every partner of a partnership firm has the right to continue in the business. A partner cannot be dismissed from the firm by any majority of the partners unless conferred by a partnership agreement and exercised in good faith and for the advantage of the partnership firm.
Aap bahut achcha smjhati h jo kafi useful h
Mam mujhe contract smjh nhi aa rha tha pr aapne smjhaya to smjh aa gya. Thanks
Thanks niravi very helpful👍🙏🙏🙏
Bahut Bahut Shukriya Ma'am Aapne Hindi me bataya h 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
Very good video for understanding in Hindi language
Thankyou ❤️❤️♥️
Good ma'am aap bahut aacha prahati hai
Bahot bahot Dhnaywad mam
Mam aapke saare videos ko dekhta hu, bahut acche se aap narrate karti hai aur ye sab bade useful hote hai ham sab k liye
Thank you
Bahut achchha video hai madam.........
Very Nicely expressed Mam Keep teaching Us
Nice video ...... mam..........
Very Good, excellent job mam
Thank You
very informative.
You teaching very well mam and explaining very nice to understanding
Nice teaching style madam..very helpfull video
good contract
धन्यवाद जी
This video is very helpful for me ..... THANK YOU MAM ....
Very nice 👌
Thanks mam for esely understanding 🙏👍
Good explains mam
Nice video
Ma’am u r so good I understand every points and every think tq tq so much
Bahut Achcha dhanyvad
Great work done
Thanks for all videos
Thankyou Ma'am ♥️
Good
Good Mam
Video bahat accha he mam
Thank mach mam
Thanku Mane for is explaining
Thankyou so much di very helpful video
👏👏👏👏 super duper 👏👍
Good class
Mast video bua ji
Thanks mam ❤️❤️❤️
Your way of explanation is too good ma'am👍
Thanx a lot for this 👍🏻 ma'am
Superb mam
In lockdown period this notes is very helpful for me.
Thanks
Very useful
This video very helpful Thanku so much mam 🥰
Excellent mam
Veri nice 👌
Thanks for your help
Dhanyvad
सुन्दर
Thanks diiii
Vry good ma'am 😊
Bahut samajh aata hai English to. Hi ndi
Thanks for your
Good lecture mam
Thanks mam 🙏 👌
You are the best 😚 meim
👍, thanks mam
So much ma'am
Nice ❤
🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻
Mam plzz good and proper communication skills
Apka intro music bhot accha h. Aap poori video m use chlaya kijiye.
Bahat hi acha mam
Plz make a video upon the liabilities of the partners
Excellent work Di👌🏻
Thanks NIKITA 💐
We'll 👍
Thx madam
nice mem
Tq mam 😊
😊😊
G✌
Gd
Ma'am ji one question please give me answer.
13(c) interest se related h ya indemnify se...Ap ne dono likha h?
Ap sabh section ki video bna skte ho jo bcom 1year Mai imp hai plzz
Dj laga diye aap ne llb mei 😅
Ma'am you look beautiful in red dress
Thank you 💐💐
Seven parson kisi railway station par fight karna start karte hai and present tarevlling chhubdh ho jate hai or experience with problem and they person how guilty of abetment
Mam new partners ke kya rights hote hai admission ke time
Section 13 (a) a partner is not entitled to receive remuneration for taking part in the conduct of the business;
Indian partnership act 1932 ,sec.13(a) ke anusar:- remuneration nhi lega partner....But profit me share lenge
फर्म का कोई भी भागीदार फर्म के व्यवसाय में भाग लेने के परिणामस्वरूप फर्म द्वारा व्यवसाय के मुनाफे में अपने हिस्से के साथ कोई पारिश्रमिक प्राप्त करने का हकदार नहीं है। हालांकि, यह नियम हमेशा एक एक्सप्रेस समझौते से भिन्न हो सकता है, या व्यवहार के दौरान, जिस स्थिति में भागीदार पारिश्रमिक का हकदार होगा। इस प्रकार, एक भागीदार अनुबंध के अभाव में भी पारिश्रमिक का दावा कर सकता है, जब फर्म के निरंतर उपयोग के तहत इस तरह का पारिश्रमिक देय हो। सरल शब्दों में, जहां यह साझेदारी फर्म के व्यवसाय के संचालन के लिए एक साथी को पारिश्रमिक का भुगतान करने के लिए प्रथागत है, भागीदार उसी के भुगतान के लिए अनुबंध की अनुपस्थिति में भी दावा कर सकता है।
Remuneration Is the part of just like salary for employees in written he get some money according to the work he has done 🥰
Hiii mem!
Mem jesa ki aapne btaya ki 4 th .Point me ek partner ko remuneration dete he
But mera ye doubt he mem ki ek partner khud us frm ka agent, principal hota h...
So wo frm se remuneration nhi lekr profit me apna share lega
Rights of a Partner
The following are the rights of a partner in a partnership firm.
Section 12(a): Right to take part in the conduct of the Business
All the partners of a partnership firm have the right to take part in the business conducted by the firm as a partnership business is a business of the partners, and their management powers are generally coextensive. If the management power of a particular partner is interfered with and the individual has been wrongfully precluded from participating, the Court of Law can intervene under such circumstances. The Court can, and will, restrain the other partner from doing so by injunction. Other remedies are a suit for dissolution, a suit for accounts without seeking dissolution and so on for a partner who has been wrongfully deprived of the right to participate in the management.
The previously mentioned provisions of the law will be applicable unless there is no existing contract to the contrary among the partners. It is common to find a term in partnership agreements that gives only a limited power of management to a specific partner or a term that the control of the partnership will remain vested with one or more partners to the exclusion of others. In such a case, the Court of Law would generally be unwilling to interpose with the management with such partner (s), unless it is proven that something was done illegally or in the breach of trust among the partners.
Section 12(c): Right to be consulted
When a difference of any sorts arises between the partners of a firm concerning the business of the firm, it shall be decided by the views of the majority among the partners. Every partner in the firm shall have the right to express his opinion before the decision is made. However, there can be no changes like the business of the firm without the consent of all the partners involved. As a routine matter, the opinion of the majority of the partners will prevail. Although, the majority rule would not apply when there is a change like the firm itself. In such situations, the unanimous consent of the partners is required.
Section 12(d): Right of access to books
Every partner of the firm, regardless of being an active or a sleeping partner, is entitled to have access to any of the books of the partnership firm. The partner has the right to inspect and take a copy of the same if required. However, this right must be exercised bonafide.
Section 13(a): Right to remuneration
No partner of the firm is entitled to receive any remuneration along with his share in the profits of the business by the firm as a result of taking part in the business of the firm. Although, this rule may always vary by an express agreement, or by a course of dealings, in which case the partner will be entitled to remuneration. Thus, a partner may claim remuneration even in the absence of a contract, when such remuneration is payable under the continued usage of the firm. In simpler words, where it is customary to pay remuneration to a partner for conducting the business of the partnership firm, the partner may claim it even in the absence of a contract for the payment of the same.
It is common for partners to agree that a managing partner will receive over and above his share, salary or commission for the trouble that he will take while conducting the business of the firm.
Section 13(b): Right to share profits
Partners are entitled to share all the profits earned in the business equally. Similarly, the losses sustained by the partnership firm is also equally contributed. The amount of a partner’s share must be ascertained by inquiring whether there is an agreement in that behalf among the partners. If there is no agreement, then it can be presumed that the share of profit is equal and the burden of proving that the shares are unequal, will lie on the party alleging the same.
The is no relation between the proportion in which the partners shall share the profits and the percentage in which they have contributed to the capital of the partnership firm.
Section 13(c): Interest on capital
If a partner subscribes interest on capital is payable to the partner under the partnership deed, then the interest will be payable out of the profits only in such a case. In a general rule, the interest on a capital subscribes by partners is not permitted unless there is an agreement or a usage to that effect. The underlying principle in this provision of law is that with concern to the capital brought by a partner in the business, the partner is not a creditor of the firm but an adventurer.
The following elements must be ensured before a partner can be entitled to interest on the capital brought by the partner in the business.
An express agreement to the same effect or the practice of a particular partnership.
Any trade custom to that effect; or
A statutory provision which entitles him to such interest on the capital.
Section 13(d): Interest on advances
If a partner makes an advance to the partnership firm in addition to the amount of capital to be contributed by him, the partner is entitled to claim interest thereon at 6 per cent per annum. While the interest on capital account ceases to run on dissolution, the interest on advances keeps running even after dissolution and up to the date of payment. It can be noted that the Partnership Act makes a distinction between the capital contribution of a partner and the advance made by him to the firm. The advance by the partner is regarded as loans which should bear interest while the capital interest takes interest only when there is an agreement to this effect.
Section 13(e): Right to be indemnified
All the partners of the firm have the right to be repaid by the firm in respect of the payments made and the liabilities incurred by him in the ordinary and proper conduct of the business of the firm. This also includes the performance of an act in an emergency for protecting the firm from a loss, if the payments, liability and action are such as a prudent man would make, incur or perform in his case, under similar circumstances.
Section 31: Right to stop the admission of a new partner
All the partners of a partnership firm have the right to prevent the introduction of a new partner in the firm without the consent of all the existing partners.
Section 32(1): Right to retire
Every partner of a partnership firm has the right to withdraw from the business with the consent of all the other partners. In the case of a partnership formed at will, this may be done by giving a notice to that effect to all the other partners.
Section 33: Right not to be expelled
Every partner of a partnership firm has the right to continue in the business. A partner cannot be dismissed from the firm by any majority of the partners unless conferred by a partnership agreement and exercised in good faith and for the advantage of the partnership firm.
next day kitne baje class aapki rahegi mam ji
Reply please mam ji
Mem I am doing LLB second year with Hindi from Agra University so please understand me with Hindi notes 🙏🙏🙏
Mam thoda slow samjya kro
aap kya ? madhya pradesh land revenu code 1959 subject bhi kya padhati hai ma'am ji mujhe padhna tha aap se
Mam hindi aur English dono mien padana
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