CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Expulsion of a partner which is not in accordance with the provisions of section 33 of the Indian Partnership Act, 1932 is ______________.

A
Null & Void
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Null & Void to some extent
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Is Unconstitutional
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
In good faith and in the interest of partner-ship
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Null & Void
Expulsion of a partner which is not in accordance with the provisions of section 33 of the Indian Partnership Act, 1932 is null and void. Generally expulsion of a partner is discouraged by law and a partner cannot be expelled from the firm at any circumstance. A partner cannot be ordinarily expelled from the firm by any majority of the partners.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Profit, Loss & Discount
QUANTITATIVE APTITUDE
Watch in App
Join BYJU'S Learning Program
CrossIcon