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Question 1. Asked on :06 October 2020:11:52:49 AM

Write some other Important Provisions of the Indian Partnership Act, 1932?

-Added by nisha sheikh Accountancy » Accounting For Partnership Firms: Fundamentals


nisha sheikh

Some other Important Provisions of the Indian Partnership Act, 1932: 

  1. If all the partners agree, a minor may be admitted for the benefit of partnership.                           [Sec. 30]
  2. A person may be admitted as a partner either with the contest of all the existing partners or in accordance with an express agreement among the partners.   [Sec. 31]
  3. Registration of the firm is optional and not compulsory.[Sec. 69]

-Answered by nisha sheikh On 07 October 2020:11:35:11 AM(20874Average Rating Based on rating)


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