Examveda
Examveda

Under section 48 of the Indian Partnership Act, 1932, the residue, on the settlement of accounts after dissolution, shall be divided among the partners

A. Equally

B. In the proportion of their capital contributions

C. In the proportion of their profit sharing ratio

D. Either (A) or (B) or (C)

Answer: Option C


This Question Belongs to Law >> Indian Partnership Act

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