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Partnership law
Where the consents of other partners is
necessary in Partnership
Generally partnership is the name of mutual consent as agreed before starting
partnership by all partners in partnership Deed ,some of the actions of are pre-
consented in the form of Deed and some requires concern consent accordingly with
different circumstances so arising in Partnership
We are here discussing that where the consent of other Partners is necessary in case
of any circumstance so arised regarding partnership
Reflection from the partnership Act where the
consent of partners is necessarily mentioned
Section 11
• In case of Determination of rights and duties of the partners by mutual consent between
the partners through contract ,here the consent of each partner is necessary
Section 30
• A person who is minor by law ,he cant be introduced as an active partner of the firm only
he can be admitted to the benefits of the firm
Section 31
In case of introduction of a new partner ,subject to contract between the partners no person
shall be introduced as a partner to the firm without the consent of all other partners
SECTION 32
A partner may retire with the consent of all other partners
SECTION 40
Dissolution of the firm ,a firm should be dissolved with the consent of all other
partners or in accordance with the contract between the partners
SECTION 29
Transfer of interest ,a person can not transfer his interest to another person without
prior consent of all partner
SECTION 12
Any partner his the right to be consulted ,any difference arising as to ordinary
matters connected with the business may be decided by the majority of the
partners in goodfaith but no change shall be made in the nature of the business
without the consent of all other par
@Ending@

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Necessity of Consent in Partnership Law

  • 2. Where the consents of other partners is necessary in Partnership Generally partnership is the name of mutual consent as agreed before starting partnership by all partners in partnership Deed ,some of the actions of are pre- consented in the form of Deed and some requires concern consent accordingly with different circumstances so arising in Partnership We are here discussing that where the consent of other Partners is necessary in case of any circumstance so arised regarding partnership
  • 3. Reflection from the partnership Act where the consent of partners is necessarily mentioned Section 11 • In case of Determination of rights and duties of the partners by mutual consent between the partners through contract ,here the consent of each partner is necessary Section 30 • A person who is minor by law ,he cant be introduced as an active partner of the firm only he can be admitted to the benefits of the firm Section 31 In case of introduction of a new partner ,subject to contract between the partners no person shall be introduced as a partner to the firm without the consent of all other partners
  • 4. SECTION 32 A partner may retire with the consent of all other partners SECTION 40 Dissolution of the firm ,a firm should be dissolved with the consent of all other partners or in accordance with the contract between the partners SECTION 29 Transfer of interest ,a person can not transfer his interest to another person without prior consent of all partner
  • 5. SECTION 12 Any partner his the right to be consulted ,any difference arising as to ordinary matters connected with the business may be decided by the majority of the partners in goodfaith but no change shall be made in the nature of the business without the consent of all other par @Ending@