Indian Partnership Act, 1932
S. 5: Partnership not created by status – Property of the firm – Interest of a partner in partnership assets, whether a moveable or immoveable property – Partner’s rights during the existence of the partnership – Partner’s rights after the dissolution of the partnership or with his retirement from the partnership firm – Unregistered deed of release in a partnership firm whether admissible as evidence even though the partnership owned immoveable property – [S. 12, 14, 15, 29, 31, 48, Indian Registration Act, 1908 ,S. 7(1), 37 , 48]