Section 30

Duty of partner not to compete with firm

ActIn forceProvision 30 of 47

If a partner, without the consent of the other partners, carries on any business of the same nature as and competing with that of the firm, he must account for and pay over to the firm all profits made by him in that business.

Read in full context — Partnership Act 1890 →

Section 30

Duty of partner not to compete with firm

of Partnership Act 1890

ActIn forceProvision 30 of 47

If a partner, without the consent of the other partners, carries on any business of the same nature as and competing with that of the firm, he must account for and pay over to the firm all profits made by him in that business.

Read in full context — Partnership Act 1890 →