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Indian Partnershoip Act (IPA) 1930

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

Section 29 of the Partnership Act lays down the rights of the transferee of a partner's interest. Which of the following is such a right?

Right to be a partner in the firm.

Right to interfere in the conduct of the business of the firm.

Right to receive the share of profits of the transferring partner.

Right to inspect the books of the firm.

Right to receive the share of profits of the transferring partner.