of "partnership" and "firm"
Monday, June 29, 2015
S. 191, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
Rules for determining existence of partnership
S. 203, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
liability of partners for debts.
S. 213, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
Dissolution by death, bankruptcy or charge.
S. 214, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
Dissolution by illegality of partnership.
S. 216, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
Rights of
persons against
apparent
members of the firm
S. 217, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
Partners' right to
notice of dossilution
S. 218, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
Continuance of
rights and
liabilities of
partners after dissolution
S. 219, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
Rights of
partners as to
application of
partnership property
S. 220, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
Apportionment
of premium
where
partnership
prematurely dissolved
S. 221, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
Rights where
partnership
dissolved for
fraud or
misreprese-
ntation
S. 222, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
Right of outgoing partner in certain cases to share profits made after dissolution
S. 223, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
223.. Subject to any agreement between the partners, the amount due from surviving or continuing partners to an outgoing partner or the
representatives of a deceased partner in respect of the outgoin
g or deceased partner's share is a debt accruing at the date of the dissolution or death.
S. 224, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
224.
In settling accounts between the partners after a dissolution of
partnership, the following rules shall, subject to any agreement, be observed–
(a)
losses, including losses and deficiencies of capital, shall be paid
first out of profits, next out of capital, and lastly, if necessa
ry, by
the partners individually in the proportion in which they were
entitled to share profits;
(b)
the assets of the firm including the sums, if any, contributed by
the partners to make up losses or deficiencies of capital, shall
be
applied in the following manner and order–
(i) in paying the debts and liabilities of the firm to persons
who are not partners therein;
(ii) in paying to each partner rateably what is due from the
firm to him for advances as distinguished from capital;
(iii) in paying to each partner rateably what is due from the
firm to him in respect of capital;
(iv) the ultimate residue, if any, shall be divided among the
partners in the proportion in which profits are divisible.
S. 225, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
Payment of firm debts and of separate debts
S. 226, LAW OF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
226. Extraordinary partnerships, such as incorporated partnerships
and joint-stock companies, shall be regulated by the law for the ti
me being inforce relating thereto.
S. 227, LAW ORF CONTRACT ACT (CAP. 345 R.E., 2002][TANZANIA MAINLAND]
227.[Disapplication of the Indian Contract Act, and amendment of
R.L. Cap. 2.]
Wednesday, June 24, 2015
Tuesday, June 23, 2015
Monday, June 22, 2015
Sunday, June 21, 2015
Thursday, June 18, 2015
Wednesday, June 17, 2015
Monday, June 15, 2015
Sunday, June 14, 2015
Saturday, June 13, 2015
Rule 259,COMPANIES (INSOLVENCY) RULES, 2005 (G.N.43/2005)[TANZANIA]
Rule 259,COMPANIES (INSOLVENCY) RULES, 2005 (G.N.43/2005)[TANZANIA]
Rule 268,COMPANIES (INSOLVENCY) RULES, 2005 (G.N.43/2005)[TANZANIA]
Rule 268,COMPANIES (INSOLVENCY) RULES, 2005 (G.N.43/2005)[TANZANIA]
Friday, June 12, 2015
Thursday, June 11, 2015
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