Subject to contract between the partners and to Section 30 of the Indian Partnership Act, 1932, a new…
Section 31(1) provides that, subject to contract between the partners and to section 30, a new partner may be introduced into a firm only with the consent of all the…
Choose your answer
Subject to contract between the partners and to Section 30 of the Indian Partnership Act, 1932, a new partner may be introduced into a firm:
Answer and explanation
Correct answer B
Section 31(1) provides that, subject to contract between the partners and to section 30, a new partner may be introduced into a firm only with the consent of all the existing partners, not by majority, the Registrar, or the managing partner alone.
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