Multiple choice

Section 29 of the Indian partnership Act states the duty of the partner not to assign his interest.

  1. True

  2. False

  3. Partly true

  4. Cannot say
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Section 29 of the Indian Partnership Act, 1932 prohibits a partner from assigning their partnership interest without the consent of other partners. This ensures that unwanted third parties are not introduced into the firm without unanimous agreement.

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