Chapter XI - Of Partnership — Repealed
Section 262
Section 262: Repealed partnership provision
Section 262 is a repealed provision in the former partnership chapter of the Indian Contract Act, 1872. This page records its status so an old section reference is not mistaken for a current operative rule.
On this page
Need advice on Section 262?
This article is for general information. Refer to the Indian Contract Act, 1872 official text for the official provisions. If you need professional advice for your situation, contact Bizeneed.
Statutory text
Bare law
[Repealed.]
Repeal status
India Code marks section 262 as repealed. The chapter and section entries identify the repeal through section 73 and the Second Schedule of the Indian Partnership Act, 1932 (9 of 1932). The status marker above is taken from the official arrangement of sections.
Which law to consult
For a current partnership matter, start with the applicable provisions of the separate Indian Partnership Act, 1932, together with relevant general contract law and other governing enactments. Do not assume that this former section number maps directly to an identically numbered section in the later Act.
Using an older document or judgment
If an older agreement or judgment refers to Contract Act section 262, establish the date, the historical text and any applicable repeal savings before applying it. The current repeal marker alone does not resolve every accrued-right or historical dispute.
Practical reference check
Confirm that the citation really means section 262 of the Indian Contract Act, rather than another Act.
Identify whether the transaction is current or historical and locate the appropriate Indian Partnership Act, 1932 provision.
Ask for advice on any historical savings issue or mismatch between the old reference and the present transaction.
Practical checklist
Do
- Verify the Act name and section 262 in the original citation.
- Use the current governing partnership legislation for a present-day issue.
- Check transaction dates and relevant savings for historical matters.
Avoid
- Do not present repealed Contract Act section 262 as a currently operative compliance requirement.
Glossary
- Repealed provision
- A provision marked as repealed in the current central Act source.
- Savings
- Rules that may preserve particular prior rights, liabilities or proceedings despite repeal; their application needs separate checking.
Frequently asked questions
Is Contract Act section 262 currently an operative provision?
No. The official arrangement and section entry mark it as repealed.
Where should I look for the current subject matter?
Consult the applicable Indian Partnership Act, 1932 provisions and other governing law; do not assume a one-to-one section-number replacement.
Can an old citation still need investigation?
Yes. Historical transactions, accrued rights and repeal savings can require analysis of the law and dates applicable to that matter.
Need help applying this provision to your situation?
Contact BizeneedLast updated 10 October 2026