Section 29 of the Indian Partnership Act, 1932 deals with:

Section 29 deals with the rights of a transferee of a partner's interest: during the firm's continuance the transferee may only receive the transferring partner's share of profits, and on dissolution or retirement his share of the assets. Minors admitted to benefits are dealt with in s.30, introduction of a partner in s.31 and misapplication by partners in s.27.