Indian Partnership Act - Study Mode

[#606] Under section 11 of the Indian Partnership Act, 1932, in case of any conflict between the provision of the Act and the articles of the agreement, the articles of the agreement with it, will be
Correct Answer

(B) Invalid

[#607] The liability under section 28 of the Indian Partnership Act, 1932, depends on
Correct Answer

(A) Estoppel

[#608] Section 50 of the Indian Partnership Act, 1932, applies in a case where the firm is dissolved on account of
Correct Answer

(B) Death of a partner

[#609] After selling the goodwill of the firm under section 55(2) of the Indian Partnership Act, 1932, a partner
Correct Answer

(A) Can carry on a business competing with that of the buyer

[#610] Section 44 of the Indian Partnership Act, 1932, prescribes
Correct Answer

(B) Seven grounds of dissolution of a firm by court