Q564
In a firm, where a partnership is in respect of profits only but that which produces those profits belongs exclusively to one of the partners, under section 46 of the Indian Partnership Act, 1932
A.
The lien extends to the profits as well as to that which produces the profits
B.
The lien is confined to the profits and does not extend to that which produces the profits
AnswerC.
The lien neither extends to the profits nor to that which produces the profits
D.
Either (B) or (C)
Answer: Option B
Solution
Answer: Option B
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