A, B, C and D were partners in a firm. One of the terms of partnership deed was that A could introduce into partnership any of his sons on their attaining the age of 18. As son attained the age of 18 and he proposed to make him a partner. C and D objected to admission of As son. is admission of As son justified?

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Solution

Solution: Section to which the given problem relates: Section 31(1).
Decision: Yes.
Reason: Admission is in accordance with a contract already entered into.
[Leading Case: Byme v. Reid].

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Solution: Section to which the given problem relates: Section 31(1).Decision: Yes.Reason: Admission is in accordance with a contract already entered into.[Leading Case: Byme v. Reid].

Solution: Section to which the given problem relates: Section 31(1).
Decision: Yes.
Reason: Admission is in accordance with a contract already entered into.
[Leading Case: Byme v. Reid].