Partnership Ordinance

(1)
Partnership is the relation which subsists between persons carrying on a
                business in common with a view of profit.
(2)
But the relation between members of any company or association which
is—
(a)
registered as a company under any Ordinance relating to the registration of
                    joint-stock companies; or
(Amended
50 of 1911
;
1 of
                            1912
Schedule)
(b)
formed or incorporated by or in pursuance of any other Ordinance, or any
                    enactment or instrument,
(Amended
25 of 1998 s. 2
)
is not a partnership within the meaning of this Ordinance.