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Law · Q224

Indian Partnership Act

Graduate and Post Graduate · Law · question 224

Q224

Under section 36 of the Indian Partnership Act, 1932, the position of a retired partner is

A.
The same as that of a seller of goodwill
Answer
B.
Different from that of a seller of goodwill
C.
The same as that of a partner who has died
D.
The same as that of a partner who has been adjudicated as insolvent

Answer: Option A

Solution

Answer: Option A
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