Multiple choice

Generally, an introduction of a new partner in a partnership firm would require the consent of

  1. the majority of the partners

  2. all the partners

  3. the majority of partners barring the dormant partners

  4. the partners having majority share in the firm
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Section 31 of the Indian Partnership Act, 1932 requires the consent of all existing partners when introducing a new partner. Since partnership is based on mutual agency and trust, the admission fundamentally changes each partner's relationship and liability, requiring unanimous agreement rather than mere majority approval.

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