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Section 31 – The Partnership Act, 1932

The Partnership Act, 1932

 

31. INTRODUCTION OF A PARTNER.

 

(1) Subject to contract between the partners and to the provisions of section 30, no person shall be introduced as a partner into a firm without the consent of all the existing partners.

 

(2) Subject to the provisions of section 80, a person who is introduced as a partner into a firm does not thereby become liable for any act of the firm done before he became a partner.

 

 

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The Partnership Act, 1932

 

Indian Laws – Bare Acts

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