Law · Indian Partnership Act
According to Section 31 of the Indian Partnership Act, 1932, a new partner can be introduced into a firm:
- 1By the consent of a majority of the partners, subject to contract between the partners and to the provisions of Section 30
- 2By the consent of all the partners, but subject to contract between the partners and to the provisions of Section 30✓
- 3By the consent of all the partners, but subject to contract between the partners
- 4By the consent of all the partners only
Correct answer
By the consent of all the partners, but subject to contract between the partners and to the provisions of Section 30
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