Indian Partnership Act 1932
Description: Questions on Indian Partnership Act 1932 | |
Number of Questions: 15 | |
Created by: Sanjiv Memon | |
Tags: Partnership The India Partnership Act, 1932 |
A partner of an unregistered firm can sue for ____ of the firm.
The conclusive evidence of registration of firm is
Expulsion of a partner from the firm is regular when partnership deed authorises the other partners, and this authority is used by
In which of the following cases, is the firm not bound by the act of the partner?
Ram, Sham and Mohan are in partnership. Ram and Mohan are declared insolvent while Sham wants to continue the firm. Which of the following is true?
In which of the following cases, is dissolution of partnership through court not possible?
Which of the following acts is not included in the implied authority of a partner?
A partner of an unregistered firm cannot sue the firm or any other partner of the firm to enforce a right under provisions
Sourav and Gourav agree to divide the profit of a business in equal shares. But if there is any loss in the business, it will be borne by Sourav alone. The partnership agreement is
Rights and obligations of partners are determined under which section of the Partnership Act, 1932?
Which of the following is true?
Viru, Yuvi and Rohit were partners in a firm. During the course of business, the firm ordered a Lathe Machine with Amrit Mechanicals Ltd. After the order was placed, but before machinery was delivered, Rohit expired. Thereafter, the remaining partners became insolvent, and the firm was unable to pay for the machine. Which of the following is true?
The relation of partners arises from
Which of the following partners is liable in relation to the firm?
The partnership deed must be properly drafted and stamped according to the provision of