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CHAPTER V INCOMING AND OUTGOING PARTNERS

Section 33: Expulsion of a partner

The Indian Partnership Act, 1932

(1) Apartner may not be expelled from a firm by any majority of the partners, save in the exercise in good faith of powers conferred by contract between the partners.

(2) The provisions of sub-sections (2), (3) and (4) of section 32 shall apply to an expelled partner as if he were a retired partner.

Practise questions on Partnership and Sale of Goods Acts