If a partner earns some profit for himself from the business of the firm?
As per The Indian Partnership Act, 1932 Section16 PERSONAL PROFITS EARNED BY PARTNERS. Subject to the contract between the partners, - (a) if a partner derives any profits for himself from any transaction of the firm, or from the use of the property or business connection of the firm or the firm-name, he shall account for that profit and pay it to the firm ; (b) if a partner carries on any business of the same nature as and competing with that of the firm, he shall account for and pay to the firm all profits made by him in that business.
Which action helps in minimizing damage caused by fruit-sucking moths to citrus fruits?
Which of the following is the non-physiological oxidant used by Robert Hill known as Hill reagent?
Which of the following terms is not associated with marine fish classification?
A shoot with a different color flower or leaf may arise in a group of plants and is termed as
Consider the following statements regarding economic importance of fungi and choose the correct statements-
(A). Extract of the sclerotia of Clav...
Which of the following statements is/are correct about photosynthesis?
(A). Liberation of oxygen when green cells are exposed to sun light in pre...
In seed technology the term "Ear" means:
Phenol on distilling with zinc dust gives:
Which one of the following term is used for the pressure exerted by water vapour in a actuated state?
Match List I with List II
Choose the correct answ...
