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State of Jammu-Kashmir - Section

Section 2 in The Jammu and Kashmir State Partnership Act, 1996

2. Definitions.

- In this Act, unless there is any thing repugnant in the subject or context. -
(a)an "act of a firm" means any act or omission by all the partners, or by any partner or agent of the firm which gives rise to a right enforceable by or against the firm;
(b)"business" includes" every trade, occupation and profession;
(c)"prescribed" means prescribe if by rules made under this Act;
(d)"third party used in relation to a firm or to a partner therein means any person who is not a partner in the firm; and
(e)expression used but not defined in this Act and defined in the Contract Act 1977, shall have the meaning assigned to them in that Act.