Indian partnership act

A, B and C were partners Ina firm of drapers. The partnership deed authorised the expulsions of a partner when he was guilty of flagrant breach of duty. A was convicted of travelling without ticket. On this ground, A was expelled by B and C . Is expulsions justified. Please explain briefly.

Deborah Susaiyappan

Deborah Susaiyappan

CA Inter


22-Sep-20 11:57


Answers (1)

Yes. The act brings in penalties under law.

Suraj Lakhotia

Suraj Lakhotia


23-Sep-20 12:25