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The preamble of the Indian Partnership Act, 1932 states that the Act was enacted:

The Preamble to the Indian Partnership Act, 1932 recites that it was enacted to define and amend the law relating to partnership, not to regulate commercial companies,…

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The preamble of the Indian Partnership Act, 1932 states that the Act was enacted:

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The Preamble to the Indian Partnership Act, 1932 recites that it was enacted to define and amend the law relating to partnership, not to regulate commercial companies, consolidate contract law, or regulate trade generally.

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