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Law · Q284

Indian Partnership Act

Graduate and Post Graduate · Law · question 284

Q284

Under section 52 of the Indian Partnership Act, 1932, the partner entitled to rescind the contract of partnership on the ground of fraud or misrepresentation has

A.
A right of lien over the partnership property
B.
A right to rank as creditor of the firm
C.
A right to be indemnified by the guilty partner
D.
All the above
Answer

Answer: Option D

Solution

Answer: Option D
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