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Law · Q11

Indian Partnership Act

Graduate and Post Graduate · Law · question 11

Q11

Where a partnership is dissolved by the death of a partner, in the absence of a provision expressly meant and clearly implied, a legal representative of the deceased partner is

A.
Entitled to a share in the goodwill
Answer
B.
Entitled to a share in the goodwill only with the consent of all other partners
C.
Not entitled to a share in the goodwill at all
D.
Entitled to a share in the goodwill only if the court so directs

Answer: Option A

Solution

Answer: Option A
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