partnership property shall be applicable in the first instance in payment of the partnership debts, and the separate property of each partner shall be applicable ... partnership property; and where there is a surplus of the partnership property, it shall be dealt with as part of the respective separate property
partnership property shall be applicable in the first instance in payment of the partnership debts, and the separate property of each partner shall be applicable ... partnership property; and where there is a surplus of the partnership property, it shall be dealt with as part of the respective separate property
partners agree to treat the property of any of them as partnership property such property will become partnership property and s. 14 of the Partnership ... property into the family hotchpot. The legal results which flow from the individual's property being converted into partnership property are that the partner
property by a partner into the stock of the firm is subject to contract between the partners i.e., the property can be brought ... common business are parts of the partnership property. Even if a property contributed by one partner be an immovable property, no document, registered or otherwise
property by a partner into the stock of the firm.. is subject to contract between the partners, i.e. the property can be brought ... common business are parts of the partnership property. Even if a property contributed by one partner be an immovable property, no document registered or otherwise
footing of the articles. The
properties were treated as property of the partnership. But
property belonging to a partner as his personal property ... partners
intend that their individual property should become property of
the partnership and that property is treated as property of the
partnership, then, by virtue
contract between the partners, the property of the firm includes all property and rights and interests in property originally brought into the stock ... applied. Thus, the partnership property is considered as property of the firm and not as property held by individuals having specific or specified shares therein
property. A partner, subject to any agreement between the partners, has an equal right with his partners to possess specific partnership property for partnership purposes ... partners, yet the property may not be partnership property. Even when conversion of individual immovable property of the partner into property of the partnership
from the property and treated this property as the firm's property this property did not become the firm's property merely ... treat his personal property as the firm's property. Once this intention is declared, the property would then be the property of the firm
property of one or more individuals or property owned by the firm i.e. co-ownership property of individual partners in their own individual rights ... such a case, property would not become property of the firm or property of the partnership business. Property belong to a partner as his personal
