Indian Partnership Act - Study Mode

[#466] Under section 26 of the Indian Partnership Act, 1932, the liability of the firm for the wrongful act of a partner, arises, if the act is a
Correct Answer

(D) Tortious or criminal act

[#467] A partnership deed that attempts to make a minor a full-fledged partner
Correct Answer

(D) Invalid in its entirety

[#468] Section provides recording of alteration in firm name
Correct Answer

(B) 60

[#469] A partnership firm may be dissolved
Correct Answer

(C) Both (A) and (B)

[#470] For a banking business, the maximum number of partners in a partnership, under section 11 of the Indian Companies Act, 1956, can be
Correct Answer

(A) Ten