Act Number: 9

Act Name: The Indian Partnership Act, 1932

Year: 1932

Enactment Date: 1932-04-08

Long Title: An Act to define and amend the Law Relating to Partnership.

Ministry: Ministry of Corporate Affairs

Department:

Section 31: Introduction of a partner.
    (1) Subject to contract between the partners and to the provisions of section 30, no person shall be introduced as a partner into a firm without the consent of all the existing partners.
     (2) Subject to the provisions of section 30, a person who is introduced as a partner into a firm does not thereby become liable for any act of the firm done before he became a partner.
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