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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

3K+

22-Sep-20 11:57

31

Answers (1)

Yes. The act brings in penalties under law.


Suraj Lakhotia

Suraj Lakhotia

Admin

23-Sep-20 12:25

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