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Law · Q391

Indian Partnership Act

Graduate and Post Graduate · Law · question 391

Q391

What is due to the transferee of a partner's interest in the firm, under the interest which he has acquired will be ascertained as it is

A.
At the time of the transfer
B.
At the time when the transferor ceases to be a partner
Answer
C.
At the time agreed upon by the partners
D.
Either (B) or (C)

Answer: Option B

Solution

Answer: Option B
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