Annotated Acts of the Indian Legislature for 1932

With floe approval of the Government of India the Bengal Government did not propose the continuance of those provisions of the local Act of 1925 which conferred certain powers of arrest and detention and with the lapse of those powers sections 4 5 and 6 of the Supplementary Act of 1925 ceased to be in force. [...] 2. The object of the present Act is to reenact sections 4 5 and 6 of the sunlraentary Act of 1925 and this to supplement the provisions against the commission of terrorist crimes in Bengal and the organisation of conspiracies to this end. [...] 7. The main source of the difference between the Bill and the Partnership Act 1890 lies in the greater emphasis given in the Bill to the personality of a firm. [...] If the partner member does represent the family and if his share of the profits of the firm goes into the family stock then the whole of the joint family property will be liable for the debts of the firm. [...] But if the partner member is trading on his own responsibility and keeps the profits to himself then the creditors of the firm cannot realise their claims against the firm from the joint family property beyond the extent of the interest of the partner member.