Cox v. Hickman
(1860) 8 HLC 268 · House of Lords
Sharing of profits is evidence of partnership but is not conclusive; the true test is whether the business is carried on by persons acting as agents for one another.
Unit V · Law of Contract – II
Nature of partnership, relations of partners and third parties
Study aid only. Confirm statute numbers with the current bare Act and the official OU LL.B. (3-YDC) 2024–25 syllabus PDF.
Statute sections
| Act / instrument | Section | Name |
|---|---|---|
| Indian Partnership Act, 1932 | 4 | Definition of partnership |
| Indian Partnership Act, 1932 | 6 | Mode of determining existence of partnership |
| Indian Partnership Act, 1932 | 9–17 | Duties and rights of partners inter se |
| Indian Partnership Act, 1932 | 18–30 | Relations of partners to third parties, implied authority and incoming/outgoing partners |
Landmark cases
Dulichand Laxminarayan v. CIT
AIR 1956 SC 354 · Supreme Court of India
A firm is not a separate legal person; it is a compendious name for the partners who constitute it.