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Law · Q641

Indian Partnership Act

Graduate and Post Graduate · Law · question 641

Q641

Where a retiring partner has agreed with his co-partners, under which he is released from liability for outstanding debts, his liability to the creditors

A.
Comes to an end
B.
Still remains
Answer
C.
Partly comes to an end and partly remains
D.
Either (B) or (C)

Answer: Option B

Solution

Answer: Option B
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