Section 53 of the Indian Partnership Act, 1932 deals with:

Section 53 lets every partner or his representative, after dissolution and subject to contract, restrain any other partner or his representative from carrying on a similar business in the firm name or using firm property for his own benefit until the affairs are completely wound up. Agreements in restraint of trade are dealt with in s.54, sale of goodwill in s.55 and return of premium in s.51.