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Law · Q157

Indian Partnership Act

Graduate and Post Graduate · Law · question 157

Q157

Where an individual is a common partner in two firms

A.
No action can be brought by one firm against the other upon any transaction between them so long as that individual continues to be a common partner
Answer
B.
An action can be brought by one firm against the other upon any transaction between them even though that individual continues to be a common partner
C.
An action can be brought by one firm against other firm upon any transaction between them but the common partner shall not be arrayed as a defendant
D.
An action can be brought by one firm against other firm upon any transaction between them but the common partner shall be excluded from participating in the proceedings

Answer: Option A

Solution

Answer: Option A
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