RIGHTS OF THE PARTNERS

April 22, 2023

Right to take part in the conduct of the business [Section 12(a)]

Every partner is entitled to participate in the management of the enterprise under Section 12(a). Every partner has the right to participate in the management of the partnership’s business because the enterprise belongs to all of the partners. The partners are permitted to specify in the contract that certain other partners will not participate in the operation of the firm and just a select few of them will.

If a partner is mistakenly deprived such a right, he or she may file a legal action to have the right upheld. Only those partners will be eligible for this privilege if the right to conduct of the firm has been assigned to just a selected few of the partners. If you want to be a judicial officer and are looking for  RJS coaching , here, at Jyoti Judiciary we provide comprehensive study material to make your preparation solidified and topnotch. From preliminary mock tests, to mains answer writing sessions every material required for clearing the exam is provided. We have separate legal current affairs classes, legal general knowledge, current affairs classes all in one time enrolment. Hurry up.

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