Vidyalelo
Law · Q294

Indian Partnership Act

Graduate and Post Graduate · Law · question 294

Q294

Statutory restrictions as contained in section 19(2) of the Indian Partnership Act, 1932 are

A.
Binding on all the persons dealing with the firm, without knowledge of the restrictions
Answer
B.
Binding on all the person dealing with the firm, if they have knowledge of the restrictions
C.
Not binding on all the persons dealing with the firm, if they do not have knowledge of the restrictions
D.
Both (A) and (C) are correct

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board