Section 12 of the Indian Partnership Act, 1932 deals with:

Section 12 is headed "The conduct of the business" and states the partners' rights and duties in running it, subject to contract: every partner may take part in the business, must attend diligently to his duties, and ordinary matters are decided by a majority. The property of the firm, its application and personal profits are dealt with in ss.14, 15 and 16.