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Indian Partnership Act
practice.

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Q241

Effect of admissions by a partner, has been dealt with under

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Q242

The revocation of continuing guarantee on the change of constitution of the firm under section 38 of the Act, is in respect of

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Q243

A' and 'B', two members of a three member partnership firm, bring a suit for recovery of the debt due from 'X' to the firm, but their firm is not registered on the date of the institution of the suit. The suit

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Q244

The scheme of settlement of account of a firm after dissolution as provided under section 48 of the Indian Partnership Act, 1932

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Q245

In which of the following cases, it is held to be just and equitable to order dissolution under section 44(g) of the Act

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Q246

Upon the coming into force of the Limited Liability Partnership Act, 2008:

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Q247

On election to become a partner, on attaining majority, by a minor who was admitted to the benefits of the firm, under section 30(7)of the Act, his rights and liabilities in the firm

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Q248

Which of the following is not a true statement regarding minor's admission to partnership in a firm?

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Q249

For retirement of partners . . . . . . . is necessary

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Q250

Z and W are partners in a stationery business. Z orders on the firm's letter head to supply two bags of wheat at his residence. What will be the liability of the firm under the Indian Partnership Act, 1932?

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Q251

Under section 44(b) of the Act the court can order dissolution of a firm, where a partner becomes

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Q252

Out of the following which is not the correct statement regarding 'retirement of a partner'?

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Q253

On death of a partner, in absence of any term to the contrary, a partnership firm is dissolved:

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Q254

Where a firm's dissolution is brought about by a regular deed of dissolution which purports to effect the dissolution from an anterior date

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Q255

Under section 14 of the Indian Partnership Act, 1932, goodwill of the business is

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Q256

The term 'notice' under section 24 of the Indian Partnership Act, 1932 has a reference to

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Q257

Under the Indian Partnership Act, 1932, where the partnership is at will, a partner way retire.

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Q258

The mode of determining the existence of partnership has been laid down in

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Q259

Where in a partnership firm, one of the partner retires and another joins, and no public notice of retirement having been given, for the price of goods supplied after the joining of the new partner, the supplier of goods can sue

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Q260

The position of retired partner is provided under

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