Question:

What is the right of a outgoing partner to carry on competing business according to the Indian Partnership Act, 1932?

Updated On: Aug 5, 2024

May carry on a business competing with that of the firm and may advertise such business.
May use the firm name
May represent himself as carrying on the business of the old firm.
May solicit the custom of person who were dealing with the firm before he ceased to be a partner

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The Correct Option is A

Solution and Explanation

The correct option is (A): May carry on a business competing with that of the firm and may advertise such business.

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