section 31
Introduction of a partner
The Indian Partnership Act, 1923Corporate193269 sections5 chapters
Chapter V - INCOMING AND OUTGOING PARTNERS___
Statutory text
(1) Subject to contract between the partners and to the provisions of Sec. 30 m 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 Sec. 30, a person who is introduced as a partner into a firm does not there by become liable for any act of the firm done before he became a partner.
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