Examveda

When a transferee of a partner's interest in the firm, pays off a partnership debt, without the consent of the other partners but for the benefit of the partnership firm, he is

A. Entitled to the contribution for the same from the partners

B. Entitled to be indemnified by the firm under section 13 of the Act

C. Either (A) or (B)

D. Neither (A) nor (B)

Answer: Option D


This Question Belongs to Law >> Indian Partnership Act

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