Section 50 of the Indian Partnership Act, 1932 deals with:

Section 50 applies s.16(a), subject to contract, to transactions by a surviving partner or a deceased partner's representatives after a firm is dissolved by death and before its affairs are wound up, so profits earned from firm transactions must be accounted for. Payment of debts is dealt with in s.49, settlement of accounts in s.48 and sale of goodwill in s.55.