PPT - Relation of Partners (Part - 3) CA Foundation Notes | EduRev

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CA Foundation : PPT - Relation of Partners (Part - 3) CA Foundation Notes | EduRev

 Page 1


CPT MERCANTILE LAW 
CHAPTER -3 THE INDIAN PARTNERSHIP ACT ,1932 
 
CA. DIPTI LUNAWAT 
Relations of Partner  
 Unit 2[Part 3/3] 
Page 2


CPT MERCANTILE LAW 
CHAPTER -3 THE INDIAN PARTNERSHIP ACT ,1932 
 
CA. DIPTI LUNAWAT 
Relations of Partner  
 Unit 2[Part 3/3] 
Learning Objectives 
Rights of Transferee of a partner’s 
Share [Sec.29] 
Legal Consequences of Partner Coming 
in or Going Out [ Sec. 31 to 38] 
Page 3


CPT MERCANTILE LAW 
CHAPTER -3 THE INDIAN PARTNERSHIP ACT ,1932 
 
CA. DIPTI LUNAWAT 
Relations of Partner  
 Unit 2[Part 3/3] 
Learning Objectives 
Rights of Transferee of a partner’s 
Share [Sec.29] 
Legal Consequences of Partner Coming 
in or Going Out [ Sec. 31 to 38] 
Rights of Transferee of a Partner’s Share 
[Sec.29] 
Continuance of partnership 
Dissolution or Retirement of 
Transferring Partner 
A partner may transfer his share like any other 
property by sale, mortgage. 
Page 4


CPT MERCANTILE LAW 
CHAPTER -3 THE INDIAN PARTNERSHIP ACT ,1932 
 
CA. DIPTI LUNAWAT 
Relations of Partner  
 Unit 2[Part 3/3] 
Learning Objectives 
Rights of Transferee of a partner’s 
Share [Sec.29] 
Legal Consequences of Partner Coming 
in or Going Out [ Sec. 31 to 38] 
Rights of Transferee of a Partner’s Share 
[Sec.29] 
Continuance of partnership 
Dissolution or Retirement of 
Transferring Partner 
A partner may transfer his share like any other 
property by sale, mortgage. 
Continuance of Partnership 
Entitled 
Receive 
Share of 
Profits 
Account of 
profits 
agreed  
Not 
Entitled 
Interfere in 
Conduct of 
Business 
Require 
Accounts 
Inspect 
books of 
Accounts 
Page 5


CPT MERCANTILE LAW 
CHAPTER -3 THE INDIAN PARTNERSHIP ACT ,1932 
 
CA. DIPTI LUNAWAT 
Relations of Partner  
 Unit 2[Part 3/3] 
Learning Objectives 
Rights of Transferee of a partner’s 
Share [Sec.29] 
Legal Consequences of Partner Coming 
in or Going Out [ Sec. 31 to 38] 
Rights of Transferee of a Partner’s Share 
[Sec.29] 
Continuance of partnership 
Dissolution or Retirement of 
Transferring Partner 
A partner may transfer his share like any other 
property by sale, mortgage. 
Continuance of Partnership 
Entitled 
Receive 
Share of 
Profits 
Account of 
profits 
agreed  
Not 
Entitled 
Interfere in 
Conduct of 
Business 
Require 
Accounts 
Inspect 
books of 
Accounts 
Dissolution or Retirement of Transferring 
Partner 
Share of Assets of 
Transferring Partner 
Accounts as 
from date of 
dissolution  
 
For 
Ascertaining his 
share  
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