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Law · Q552

Indian Partnership Act

Graduate and Post Graduate · Law · question 552

Q552

The scheme as to goodwill of a firm under section 55(1) of the Indian Partnership Act, 1932, can be altered by

A.
Agreement between the partners
Answer
B.
Agreement between the buyer of the goodwill and the partners
C.
The court
D.
Either (A) or (B) or (C)

Answer: Option A

Solution

Answer: Option A
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