Question:

The partnership deed should be prepared as per the provisions of which of the following Acts ?

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Always quote the Indian Partnership Act, 1932 for partnership rules.
  • The Companies Act, 2013
  • The Indian Partnership Act, 1932
  • The Indian Stamp Act
  • The Cooperative Societies Act
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The Correct Option is B

Solution and Explanation

The Indian Partnership Act, 1932 governs partnership deeds in India.
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