Section 74 of the Indian Partnership Act, 1932 – Savings

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Section 74: Savings

Nothing in this Act or any repeal effected thereby shall affect or be deemed to affect–

  • (a) any right, title, interest, obligation or liability already acquired, accrued or incurred before the commencement of this Act, or
  • (b) any legal proceeding or remedy in respect of any such right, title, interest, obligation or liability, or anything done or suffered before the commencement of this Act, or
  • (c) anything done or suffered before the commencement of this Act, or
  • (d) any enactment relating to partnership not expressly repealed by this Act, or
  • (e) any rule of insolvency relating to partnership, or
  • (f) any rule of law not inconsistent with this Act.

Source: official text of The Indian Partnership Act, 1932 as published on India Code (PDF). All sections of the Indian Partnership Act, 1932.