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What is Outgoing Partner Analysis in Partnerships about?

This document analyzes various sections of Indian partnership law relating to the retirement or exit of a partner from a partnership firm. It discusses how a new partner can be introduced with the consent of all existing partners or in accordance with the partnership contract. It also examines the rights and liabilities of an outgoing partner, including their right to carry on a competing business or share in subsequent profits in some cases. Sections 31-38 of the Indian Partnership Act, 1932 are discussed

Author

Dhruv Khurana

Language

EN