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[Cites 0, Cited by 8] [Section 55] [Entire Act]

Union of India - Subsection

Section 55(1) in The Indian Partnership Act, 1932

(1)In settling the accounts of a firm after dissolution, the goodwill shall, subject to contract between the partners, be included in the assets, and it may be sold either separately or along with other property of the firm.Rights of buyer and seller of goodwill.