Multiple Choice Questions on Release of his share interest in the partnership property by a partner in favour of other partners i........... for Judicial Services Exam (JS) Preparation

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Multiple Choice Questions

Release of his share interest in the partnership property by a partner in favour of other partners i...........

Registeration Act 1908 Births and Deaths
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    Release of his share/interest in the partnership property by a partner, in favour of other partners is - 

    A movable property requiring compulsory registration being in the nature of gift

    Incorrect Answer

    A movable property requiring no registration

    Correct Answer

    An immovable property requiring compulsory registration

    Incorrect Answer

    An immovable property requiring no registration.

    Incorrect Answer
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    Explanation:

    Section 17 – 
    Release of his share/interest in the partnership property by a partner, in favour of other partners is a movable property requiring no registration.

    By: santosh
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