Question

    As per the Partnership Act a partner may retire _____________________

    A With the consent of all the other partners Correct Answer Incorrect Answer
    B In accordance with an express agreement by the partners Correct Answer Incorrect Answer
    C Where the partnership is at will, by giving notice in writing to all the other partners of his intention to retire Correct Answer Incorrect Answer
    D Either a or b or c Correct Answer Incorrect Answer

    Solution

    Explanation: Explanation- Section 32 of Indian Partnership Act, 1932 A partner may retire— (a) with the consent of all the other partners, (b) in accordance with an express agreement by the partners, or (c) where the partnership is at will, by giving notice in writing to all the other partners of his intention to retire.

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