Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 694 views

    Incoming and Outgoing Partners

    Uploaded by

    DeepaDivyavarthini
    An incoming partner is a person who is admitted as a partner into an existing partnership with the consent of all current partners. According to Section 30 of the Indian Partnership Act of 1932, no new partner can be introduced without consent, and an incoming partner is not liable for the partnership's actions before becoming a partner. Incoming partners can join through consent of all partners and by a clause in the partnership deed allowing new partners.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd

    Incoming and Outgoing Partners

    Uploaded by

    DeepaDivyavarthini
    694 views4 pages
    An incoming partner is a person who is admitted as a partner into an existing partnership with the consent of all current partners. According to Section 30 of the Indian Partnership Act of 1932, no new partner can be introduced without consent, and an incoming partner is not liable for the partnership's actions before becoming a partner. Incoming partners can join through consent of all partners and by a clause in the partnership deed allowing new partners.

    Original Title

    INCOMING AND OUTGOING PARTNERS.ppt

    Copyright

    © © All Rights Reserved

    Available Formats

    PPT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    An incoming partner is a person who is admitted as a partner into an existing partnership with the consent of all current partners. According to Section 30 of the Indian Partnership Act of 1932, no new partner can be introduced without consent, and an incoming partner is not liable for the partnership's actions before becoming a partner. Incoming partners can join through consent of all partners and by a clause in the partnership deed allowing new partners.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    694 views4 pages

    Incoming and Outgoing Partners

    Uploaded by

    DeepaDivyavarthini
    An incoming partner is a person who is admitted as a partner into an existing partnership with the consent of all current partners. According to Section 30 of the Indian Partnership Act of 1932, no new partner can be introduced without consent, and an incoming partner is not liable for the partnership's actions before becoming a partner. Incoming partners can join through consent of all partners and by a clause in the partnership deed allowing new partners.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 4

    Incoming partners and Outgoing partners

    [PARTNERSHIP]

    INCOMING PARTNER
    WHO IS AN INCOMING PARTNER?

    A person who is admitted as a partner into an


    existing firm or partnership with the consent of
    all the existing partners in the firm
    ACCORDING TO Sec.30 of Indian partnership
    of 1932(1)No person shall be introduced as a
    partner into a firm without the consent of all
    the existing partners
    Sec 30(2)A person who is introduced as a
    partner into a firm does not thereby become
    liable for the act of the firm done before he
    became the partner

    Modes of Introduction of a
    partner
    1)With the consent of

    Thank You

    Kingsoft Office
    published by www.Kingsoftstore.com

    @Kingsoft_Office
    kingsoftstore

    You might also like