Law4u - Made in India

What are the remedies for recovering shared expenses in partnerships?

07-Mar-2025
Recovery

Answer By law4u team

In an Indian partnership, if one partner has paid more than their share of expenses, they have the right to recover the excess amount from the other partners. The remedies available for recovering shared expenses in a partnership include: Mutual Settlement – The partners can resolve the issue through discussion and settlement as per the terms of the partnership agreement. Right to Indemnification (Section 13 of the Indian Partnership Act, 1932) – A partner is entitled to be indemnified by the firm for payments made in the ordinary course of business or for protecting the firm's interests. Accounting Suit (Section 9 & 37 of the Indian Partnership Act, 1932) – A partner can file a suit for an account settlement, especially if the firm is dissolved or if their rights are violated. Arbitration – If the partnership agreement includes an arbitration clause, the dispute must be resolved through arbitration. Civil Suit for Recovery – If other remedies fail, the aggrieved partner can file a civil suit for recovery of the amount, citing unjust enrichment by the other partners. If the partnership is registered, legal action is more straightforward under the Indian Partnership Act, 1932. If the firm is unregistered, legal action may be restricted under Section 69 of the Act, except in cases of dissolution or indemnification claims.

Recovery Verified Advocates

Get expert legal advice instantly.

Advocate Vrushali Salvi

Advocate Vrushali Salvi

Anticipatory Bail,Cheque Bounce,Consumer Court,Criminal,Divorce,Domestic Violence,Family,High Court,Succession Certificate,RERA,Recovery,Arbitration,

Get Advice
Advocate Keshav Bhandari

Advocate Keshav Bhandari

Anticipatory Bail, Bankruptcy & Insolvency, Banking & Finance, Breach of Contract, Cheque Bounce, Child Custody, Civil, Consumer Court, Corporate, Court Marriage, Divorce, Domestic Violence, Family, Insurance, Labour & Service, Landlord & Tenant, Media and Entertainment, Medical Negligence, Motor Accident, Patent, Property, R.T.I, Recovery, Trademark & Copyright, Wills Trusts, RERA, NCLT, Revenue, Succession Certificate, High Court, Criminal, Cyber Crime, Arbitration, Armed Forces Tribunal, International Law

Get Advice
Advocate Yogesh Share

Advocate Yogesh Share

Cyber Crime, Anticipatory Bail, Arbitration, Armed Forces Tribunal, Bankruptcy & Insolvency, Banking & Finance, Cheque Bounce, Child Custody, Corporate, Consumer Court, Breach of Contract, Civil, Customs & Central Excise, Criminal, GST, Domestic Violence, Insurance, Immigration, Documentation, High Court, Family, Divorce, International Law, Labour & Service, Media and Entertainment, Landlord & Tenant, Medical Negligence, Motor Accident, Muslim Law, Recovery, R.T.I, Property, Patent, NCLT, RERA, Startup, Succession Certificate, Tax, Trademark & Copyright, Supreme Court, Revenue, Wills Trusts

Get Advice
Advocate Pervez Zahir Quazi

Advocate Pervez Zahir Quazi

Anticipatory Bail, Arbitration, Armed Forces Tribunal, Bankruptcy & Insolvency, Banking & Finance, Breach of Contract, Cheque Bounce, Child Custody, Civil, Consumer Court, Court Marriage, Cyber Crime, Criminal, Divorce, Family, High Court, Domestic Violence, Labour & Service, Landlord & Tenant, Motor Accident, Muslim Law, Patent, Medical Negligence, Succession Certificate, Trademark & Copyright, Recovery, Revenue, RERA, Property, Supreme Court, Customs & Central Excise, Documentation

Get Advice
Advocate Vivek Verma

Advocate Vivek Verma

Anticipatory Bail, Arbitration, Armed Forces Tribunal, Breach of Contract, Cheque Bounce, Civil, Consumer Court, Corporate, Court Marriage, Criminal, Cyber Crime, Divorce, Domestic Violence, Family, High Court, Labour & Service, Landlord & Tenant, Media and Entertainment, Medical Negligence, Motor Accident, Muslim Law, Patent, Property, R.T.I, Recovery, RERA, Startup, Succession Certificate, Supreme Court, Tax, Trademark & Copyright, Wills Trusts, Revenue

Get Advice
Advocate Shiv Pramod

Advocate Shiv Pramod

Anticipatory Bail, Banking & Finance, Cheque Bounce, Civil, Consumer Court, Court Marriage, Criminal, Divorce, Family, High Court, Insurance, Labour & Service, Property, Recovery, Cyber Crime, Child Custody, Armed Forces Tribunal, Arbitration, Bankruptcy & Insolvency, Breach of Contract, R.T.I, Motor Accident, Media and Entertainment, Landlord & Tenant, Medical Negligence, Supreme Court, Startup, Trademark & Copyright, Tax, Revenue, Wills Trusts

Get Advice
Advocate Anu Verma

Advocate Anu Verma

Cheque Bounce, Civil, Recovery, Tax, Anticipatory Bail, Divorce, Criminal, Domestic Violence, Family

Get Advice
Advocate Harsh Hooda

Advocate Harsh Hooda

Anticipatory Bail, Banking & Finance, Cheque Bounce, Child Custody, Civil, Consumer Court, Corporate, Court Marriage, Criminal, Cyber Crime, Divorce, Documentation, Domestic Violence, Family, High Court, Labour & Service, Landlord & Tenant, Medical Negligence, Motor Accident, Muslim Law, Property, R.T.I, Recovery, Succession Certificate, Supreme Court, Wills Trusts, Revenue

Get Advice
Advocate Prabhat Chaudhary

Advocate Prabhat Chaudhary

High Court, Anticipatory Bail, Arbitration, Armed Forces Tribunal, Breach of Contract, Cheque Bounce, Child Custody, Civil, Consumer Court, Corporate, Court Marriage, Customs & Central Excise, Criminal, Divorce, Documentation, Cyber Crime, Domestic Violence, Family, Immigration, Property, R.T.I, Recovery, Patent, Motor Accident, Muslim Law, Media and Entertainment, Medical Negligence, Succession Certificate, Trademark & Copyright, Wills Trusts, Supreme Court, Tax, Revenue, Insurance, International Law, Landlord & Tenant, Labour & Service, Banking & Finance, Bankruptcy & Insolvency, GST, NCLT, RERA, Startup

Get Advice
Advocate Namratha

Advocate Namratha

Anticipatory Bail, Arbitration, Breach of Contract, Cheque Bounce, Child Custody, Civil, Criminal, Divorce, Documentation, Domestic Violence, Family, High Court, Landlord & Tenant, Recovery, RERA, Succession Certificate, Wills Trusts

Get Advice

Recovery Related Questions

Discover clear and detailed answers to common questions about Breach of Contract. Learn about procedures and more in straightforward language.