Public notice is not necessary in case of__________ (a) admission of partner (b) expulsion partner (c) dissolution of partnership form (d) All if the above
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Public notice is not necessary in case of__________
» expulsion partner
reason
======
the expulsion doesnt determine public notice as deciding factor for deny.
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Answer:
a) admission of a partner is a correct option.
Explanation:
- Public notice is not necessary in case of admission of a partner.
- According to section 72 mentioned in the Indian Partnership Act, 1932. Public notice is necessary for the following condition-
- Expulsion or retirement of a partner.
- Dissolution of the registered firm.
- Election or admission of a minor as a partner after acquiring the majority.
Also, it is not necessary in case of death of a partner, retirement of a dormant or sleeping partner, insanity and insolvency of a partner, and as mentioned above admission of a partner.
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