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CHAPTER V INCOMING AND OUTGOING PARTNERS

Section 31: Introduction of a partner

The Indian Partnership Act, 1932

(1) Subject to contract between the partners and to the provisions of section 30, no person shall be introduced as a partner into a firm without the consent of all the existing partners.

(2) Subject to the provisions of section 30, a person who is introduced as a partner into a firm does not thereby become liable for any act of the firm done before he became a partner.

Questions on this section

1 question in 5 of our papers cite Section 31.

Practise questions on Partnership and Sale of Goods Acts