Examveda
Examveda

The outgoing partner, where the partnership business is continued by other partners without a final settlement of accounts, under section 37 of the Act, the outgoing partner is entitled to interest on the unpaid capital, at the rate of

A. 6% per annum

B. 9% per annum

C. 12% per annum

D. As decided by the partners

Answer: Option A


This Question Belongs to Law >> Indian Partnership Act

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