In force · As amended up to 2026-08
6. Mode of determining existence of partnership. —In determining whether a group of personsisor is not a firm, or whether a person is or is not a partner in a firm, regard shall be had to the real relation between the parties, as shown by all relevant facts taken together.
Explanation 1 .—The sharing of profits or of gross returns arising from property by persons holding a joint or common interest in that property does not of itself make such persons partners.
Explanation 2 .—The receipt by a person of a share of the profits of a business, or of a payment contingent upon the earning of profits or varying with the profits earned by a business, does not of itself make him a partner with the persons carrying on the business;
- and, in particular, the receipt of such share or payment—
- (a) by a lender of money to persons engaged or about to engage in any business,
(b) by a servant or agent as remuneration,
(c) by the widow or child of a deceased partner, as annuity, or
(d) by a previous owner or part owner of the business, as consideration for the sale of the goodwill or share thereof,
does not of itself make the receiver a partner with the persons carrying on the business.
6. Application under section 64
- One hundred rupees
7. Inspection of the Register of firms under sub-section (1) of section 66
- One hundred rupees for inspection of one volume of Register
||section 66|inspection of one volume of<br>Register|
|---|---|---|
|8.|Inspection of documents relating to a firm under sub-|One hundred rupees for|
||section (2) of section 66|inspection of all documents|
|||relating to one firm|
|9.|Copies from the Register of firms|Fifteen rupees for each hundred|
|||words orpart thereof."|
[ Vide Rajasthan Act 7 of 2007, s. 2]
Gujarat
Substituted of Schedule of I of 9 of 1932.— In the Indian Partnership Act, 1932 (9 of 1932), in its application
"SHEDULE I MAXIMUM FEES
( See sub-section (1) of section 71)
|Document or act in respect of which the fee is<br>payable|Maximum fee|
|---|---|
|Statement under section 58|Three hundred rupees|
|Statement undersection60|Onehundredfiftyrupees|
|Statement under section 61|One hundred fifty rupees|
|Statement undersection62|Onehundredfiftyrupees|
|Notice under section 63|One hundred fifty rupees|
|Application under section 64|One hundred fifty rupees|
|Inspection of the Register of Firms<br>undersub-section/1) ofsection66|Fifty rupees for inspecting one<br>volume oftheregister|
|Inspection of documents relating to a<br>firmundersub-section/2) ofsection66|Fifty rupees for inspection of all<br>documentsrelating to onefirm|
|Copies from the Register of<br>Firms|Fifty rupees for each hundred<br>words or part thereof.".|
[ Vide Gujarat Act 25 of 2019, s. 2]
Maharashtra
Substitution of Schedule I to Act IX of 1932.— For Schedule I to the principal Act, the following Schedule shall be substituted, namely :—
" SCHEDULE I
Maximum Fees
|Maximum Fees|Maximum Fees|Maximum Fees|
|---|---|---|
|(See sections 70Aand 71)|||
|Document of act in respect of which the fee is payable||Maximum fee|
|(1)|Statement under section 58 (1) ..<br>..|Fifty rupees.|
|(2)|Memorandum of appeal under section 58(4) ..|Twenty-five rupees.|
|(3)|Statement under section 60 .. ..|Fifteen rupees.|
|(4)|Intimationundersection61.. ..|Fifteen rupees.|
|(5)|Intimationundersection62.. ..|Fifteen rupees.|
|---|---|---|
|(6)|Notice under section 63 (1) .. ..|Fifteen rupees.|
|(7)|Intimationundersection63(1_A_) .. ..|Fifteen rupees.|
|(8)|Notice under section 63(2) .. ..|Fifteen rupees.|
|(9)|Applicationundersection64.. ..|Fifteen rupees.|
|(10)|Inspection of the Register of Firms under sub-section (1)<br>of section 66, for inspection of one volume of the Register<br>of Firms.|Seven rupees and fifty paise.|
|(11)|Inspection of documents relating to a firm under sub-<br>section (2) of section 66, for the inspection of all<br>documentsrelating to onefirm.|Seven rupees and fifty paise.|
|(12)|Copies from the Register of firms under section 67, for<br>each hundred words orpart thereof.|Two rupees.|
|(13)|Price of Forms prescribed under the rules.|One rupee per Form.|
[ Vide Maharashtra Act 29 of 1984, s. 18]
Kerala
Substitution of new Schedule for Schedule I. ---In the Indian Partnership Act, 1932 (Central Act 9 of 1932), for Schedule I, the following Schedule shall be substituted, namely:--
"Schedule I
Maximum Fees
[ See sub-section (1) of section 71]
|Document or act in respect of which the fee is|Maximum fee|Maximum fee|
|---|---|---|
|payable|||
|(1)||(2)|
|Statement under section 58|Two thousand rupees||
|Statement under section 60|One thousand rupees||
|Intimation under section 61|One thousand rupees||
|Intimation under section 62|One thousand rupees||
|Notice under section 63|One thousand rupees||
|Application under section 64|One thousand rupees||
|Inspection of Register of Firms under|Five hundred rupees|for the inspection of all|
|sub-section (1) of section 66|documents relating to one film||
|Copies from the Register of Firms|One thousand rupees per copy."||
[ Vide Kerala Act 3 of 2024, s. 2]
SCHEDULE II —[ Enactments Repealed .] Rep. by Repealing Act, 1938 (1 of 1938), s. 2 _and the Sch. ________
STATEMENT OF OBJECTS AND REASONS
The Bill is sufficiently explained in the Report of the Special Committee printed below.
NEW DELHI The 20 th January , 1931.
L. GRAHAM.
Source: India Code