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Law · Q400

Indian Partnership Act

Graduate and Post Graduate · Law · question 400

Q400

According to Section 31 of the Act, a new partner can be introduced into an existing firm

A.
With the consent of all the existing partners
Answer
B.
With the consent of majority of the partners
C.
Any partner can introduce any person as new partner without the consent of other partners
D.
Either (A) or (B)

Answer: Option A

Solution

Answer: Option A
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