Question

A partner can transfer his share to an outsider ________.

• A. without the consent of other partners but with the consent of Registrar of companies.
• B. with the consent of other partners and the consent of registrar of companies
• C. with the consent of other partners
• D. none of the above

Answer 1

Answer: (C)

with the consent of other partners

According to the provisions of the Indian Partnership Act, 1932, all the partners are obliged to follow certain rules and regulations and one such rule is that a partner is not allowed to transfer his share to an outsider without the consent of other partners.