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Partnership by Mind Map: Partnership

1. Existence of Partnership

1.1. Pre-Partnership Stage

1.1.1. Miah v Khan

1.1.1.1. Joint Account etc shows intention to enter into partnership

1.1.2. Keith Spicers v Mansell

1.1.2.1. no intention

1.2. Partnership Act

1.2.1. Section 3

1.2.1.1. Wong Peng Yuen

1.2.1.1.1. Criteria of partnership is laid down in S3

1.2.1.2. Elements

1.2.1.2.1. Business in Common

1.2.1.2.2. View of Profit

1.2.2. Section 4

1.2.2.1. c

1.2.2.1.1. Receipt = prima facie evidence of partnership

1.2.2.1.2. i

1.2.2.1.3. ii

1.2.2.1.4. iii

1.2.2.1.5. iv

1.2.2.1.6. v

2. Relationship between Partners Inter-se

2.1. General Duty of Good Faith

2.1.1. Section 30

2.1.1.1. disclose all transactions

2.1.1.1.1. Wilson v Carmichael

2.1.1.1.2. applies to future partners too

2.1.2. Section 31

2.1.2.1. not to make secret profits

2.1.2.1.1. Pathirana v Ariya Pathirana

2.1.3. Section 32

2.1.3.1. cannot compete with firm

2.1.3.1.1. Aas v Benham

2.1.3.1.2. Trimble v Goldberg

2.2. Rights and Duties

2.2.1. Section 26 (applies if no P/A)

2.2.1.1. (a)

2.2.1.1.1. Capital and profits

2.2.1.2. (b)

2.2.1.2.1. Indemnity against liability

2.2.1.3. (c)

2.2.1.3.1. Advances

2.2.1.4. (d)

2.2.1.4.1. Interest on capital

2.2.1.5. (e)

2.2.1.5.1. management of business

2.2.1.6. (f)

2.2.1.6.1. Remuneration

2.2.1.7. (g)

2.2.1.7.1. Introduction of new partner

2.2.1.8. (h)

2.2.1.8.1. differences to ordinary matter

2.2.1.9. (i)

2.2.1.9.1. access to partnership book

2.2.2. Expulsion of Partners

2.2.2.1. Section 27

2.2.2.2. Green v Howell

2.2.3. Rights of Assignee

2.2.3.1. Section 33

2.2.3.2. Re Garwood

2.2.3.3. Watts v Driscoll

2.2.4. Property

2.2.4.1. Section 23

2.2.4.2. Ponnukon v Jebaratnam

2.2.4.2.1. look at P/A

2.2.4.2.2. look at intention

2.2.4.3. Methods to identify

2.2.4.3.1. Brought in originally as partnership stock

2.2.4.3.2. Acquired through purchase or other means

2.2.4.3.3. Acquired through lawful means for partnership business

3. Relationship of Partners with 3rd Parties

3.1. Legal Status

3.1.1. Salaried Partner

3.1.1.1. Chua Ka Seng v Boonchai Somolpong

3.1.1.2. Stekel v Ellice

3.1.1.3. Walker v Hirsch

3.1.2. Minor

3.1.2.1. Section 11 Contracts Act

3.1.2.2. Section 2 Age of Majority Act

3.1.2.3. Mohori Bibee

3.1.2.4. William Jack v Chan & Young

3.2. Liability

3.2.1. Section 7

3.2.1.1. Test

3.2.1.1.1. Union Bank of Australia v Fisher

3.2.1.2. Mercantile Credit v Garrod

3.2.1.2.1. Court will look at business culture

3.2.1.2.2. cannot contract out of business culture

3.2.1.3. Chan King Yue v Lee & Wong

3.2.1.4. Polingkahorne v Holland

3.2.2. Section 8

3.2.2.1. Deeds

3.2.2.1.1. Re Briggs

3.2.2.1.2. Asamaju Ent v MBB

3.2.3. Section 9

3.2.3.1. Debt in firm's name

3.2.3.1.1. Higgins v Beuchamp

3.2.3.1.2. London Chartered Bank of Australia v Kerr

3.2.4. Section 10

3.2.4.1. contravention of partnership agreement

3.2.5. Section 11

3.2.5.1. Breach of Contract

3.2.5.1.1. Joint liability

3.2.6. Section 12

3.2.6.1. Tortious/Criminal Act

3.2.6.1.1. Act done in ordinary course of business

3.2.6.1.2. Done with consent of other partners

3.2.6.1.3. Outside partner's authority

3.2.7. Section 13

3.2.7.1. Missappropriate client's money

3.2.7.1.1. Received by partner who acts with apparent authority

3.2.7.1.2. received by firm in the course of business

3.2.8. Section 15

3.2.8.1. Improper employment of trust property

3.2.8.1.1. Ex Parte Heaton

3.2.8.1.2. defn of knowledge

4. Retirement

4.1. Liabilities of Retiring Partners

4.1.1. Section 19(2)

4.1.1.1. liable for old debt

4.1.2. Section 38(1) Apparent Membership

4.1.2.1. Elders Pastoral v Rutherford

4.1.2.1.1. Deemed apparent member if

4.1.2.2. Towers Cabinet

4.1.2.2.1. Creditors must have actual knowledge that the retired partner was the partner of the old firm before it is re-constituted

4.1.3. Section 38(2) Notice

4.1.3.1. Advertisement in Federal gazette, Sabah/Sarawak gazette

4.1.3.1.1. only applicable to new client

4.1.3.1.2. Old Client

4.1.4. Section 16 Holding Out

4.1.4.1. based on estoppel doctrine

4.1.4.2. Cases

4.1.4.2.1. Marilyn v Gray

4.1.4.2.2. Re Buchanan

4.1.4.2.3. Keighery v Miller

4.1.4.2.4. Bryant v Thiele

4.1.4.2.5. Lynch v Stift

5. Dissolution

5.1. Section 34

5.1.1. (a) fixed term - by expiration

5.1.2. (b) single venture - upon completion

5.1.3. (c) at will - upon notice

5.1.3.1. read together with S28

5.1.3.2. no written notice - conduct

5.1.3.2.1. Tham Kok Cheong v Low Pui Heng

5.2. Section 35

5.2.1. death/bankruptcy

5.2.2. at option of other partners

5.3. Section 36

5.3.1. supervening illegality

5.4. Section 37

5.4.1. (a) mental disorder

5.4.1.1. Jones v Noy

5.4.2. (b) permanent incapacity

5.4.2.1. Whitwell v Arthur

5.4.3. (c) prejudicial to business

5.4.3.1. Carmichael v Evans

5.4.3.2. Pears v Foster

5.4.4. (d) persistent breach

5.4.4.1. Cheeseman v Price

5.4.5. (e)business at loss

5.4.5.1. Handyside v Campbell

5.4.6. (f) just and equitable grounds