In accordance with Section 8, partners may form a special partnership in which they undertake unique activities. Consequently, individuals can collaborate to produce a movie because, while these endeavours may be singular adventures, they both need a sequence of transactions and ongoing relationships. Similar to this, if several bales of yarn are bought all at once, yet sales must continue, profits must be realised, and profits must then be divided among several people, and hence that is a continuing business.
The plaintiff and the two defendants collaborated to secure a contract for the maintenance of a road in K. Jaggaiah v. Kokumanu . It was assumed that there was collaboration on the construction of the road. Although this activity resulted from a single contract, it was spread out over a certain period of time, requiring the firm to hire specific workers, oversee the work, prepare the bills, complete the work, obtain government approval, and finally receive the bills. All of this required the firm to continue doing business and hence it formed partnership. If you want to be a judicial officer and are looking for best RJS coaching in Jaipur, 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.
