Indian Partnership Act - Study Mode
[#426] Under section 36 of the Indian Partnership Act, 1932, the position of a retired partner is
Correct Answer
(A) The same as that of a seller of goodwill
[#427] Who amongst the following is not liable, in the absence of a public notice of dissolution, under section 45 of the Indian Partnership Act, 1932, after dissolution of the firm
Correct Answer
(D) All the above
[#428] Liability of a partner towards third party for the acts done by the other partner in the course of business of the firm is
Correct Answer
(C) Jointly and severally liable
[#429] Where a firm whose proposed name is similar to that of a firm already registered, the registrar of firms
Correct Answer
(B) Cannot refuse registration
[#430] Where a partner in a firm is adjudicated an insolvent, the said partner
Correct Answer
(A) Ceases to be a partner in the firm