Bare Act

The Indian Partnership (The Goa, Daman and Diu Amendment) Act, 1966

Corporate19665 sections

This Act amends the Indian Partnership Act, 1932, specifically for the Union Territory of Goa, Daman, and Diu. It updates the definition of a partnership firm to include a husband and wife under the regime of communal property carrying on business together. The legislation also regulates firm names by prohibiting the use of government-related words like Union, State, or President unless specific written consent is granted, and it establishes a fine for violations. Additionally, it updates the fee schedule for partnership registration and clarifies legal procedures for appeals and suits in the territory.

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