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Law · Q347

Indian Partnership Act

Graduate and Post Graduate · Law · question 347

Q347

In Commissioner of Income Tax v. Seth Govindram Sugar Mills, AIR 1966 SC 24, it has been held

A.
A clause in the partnership agreement enabling a partner to nominate his successor does not apply to a partnership of two partners which is dissolved by the death of one of them
Answer
B.
A clause in the partnership agreement enabling a partner to nominate his successor is valid in case of a partnership of two persons which may be dissolved by the death of one of them
C.
None can be introduced in the partnership by nomination
D.
None can be introduced in the partnership without the consent of all the partners

Answer: Option A

Solution

Answer: Option A
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