It has been held that the words "other proceedings" in section 69(3) of the Indian Partnership Act, 1932, must receive their full meaning untranslated by the words "a claim to set off", the latter words neither intend nor can be centred to cut-down the generality of the words "other proceedings", by the Supreme Court in
A. Girdharmal Kapur Chand v. Dev Raj
B. Commissioner of I. T. v. Jayalakshmi Rice & Oil Mills
C. Jagdish Chandra Gupta v. Kajaria Traders (India) Ltd.
D. Loonkaran Sethia v. Ivan E-John
Answer: Option C
Section 25 of the Indian Partnership Act, 1932, provides for
A. Liability of the firm for the acts of a partner
B. Liability of a partner for the acts of the firm
C. Liability of the firm for the wrongful acts of a partner
D. Rights of a partner
Where a partner is entitled to interest on the capital subscribed, such interest is payable
A. Out of profits only
B. Out of capital if no profits
C. Out of capital if losses
D. Either (A) or (B) or (C)
Section 44(g) of the Indian Partnership Act, 1932, is to be regarded as
A. Independent of section 44(a) to 44(f) of the Act
B. Ejusdem generis with sections 44(a) to 44(f) of the Act
C. Either (A) or (B)
D. Only (A) and not (B)
A. Suit in respect of any transaction which forms an item of the partnership account
B. Suit for money lent by him to a firm of which he is a member
C. Suit for contributions in respect of moneys borrowed by him under an express agreement with them for the purposes of partnership
D. All the above
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