Section 54: Agreements in restraint of trade.

Q: What does Section 54 of The Indian Partnership Act, 1932 (IPA) deal with?

Section 54 IPA pertains to "Agreements in restraint of trade.". It is part of the The Indian Partnership Act, 1932, a legislation enacted by the Parliament of India. Section 54 of The Indian Partnership Act, 1932 (IPA) governs agreements in restraint of trade. As verified on 22 May 2026.

Q: Is Section 54 IPA still in force?

Yes, Section 54 of the The Indian Partnership Act, 1932 is currently in force across the Republic of India.

Q: What is धारा 54 IPA?

धारा 54 IPA is the Devanagari Hindi reference for Section 54 of the The Indian Partnership Act, 1932. Section 54 of The Indian Partnership Act, 1932 (IPA) governs agreements in restraint of trade. As verified on 22 May 2026.

Q: What is Dhara 54 IPA?

Dhara 54 IPA is the Roman Hindi reference for Section 54 of the The Indian Partnership Act, 1932. "Dhara" means "Section" in Hindi. Section 54 of The Indian Partnership Act, 1932 (IPA) governs agreements in restraint of trade. As verified on 22 May 2026.

Q: How to cite Section 54 of The Indian Partnership Act, 1932?

Cite as: "Section 54, The Indian Partnership Act, 1932 (IPA)" in legal briefs. For academic writing, use the BlueBook format: The Indian Partnership Act, 1932, 1932, § 54 (India).

Law on Tips Editorial Board

Partners may, upon or in anticipation of the dissolution of the firm, make an agreement that some or all of them will not carry on a business similar to that of the firm within a specified period or within specified local limits; and notwithstanding anything contained in section 27 of the Indian Contract Act, 1872 (9 of 1872), such agreement shall be valid if the restrictions imposed are reasonable.