Bare ActsThe Indian Partnership Act, 1932

Section 33

Expulsion of a partner.

Amendment status not verified — confirm the current text below against the official source.

(1) A partner may not be expelled from a firm by any majority of the partners, save in the exercise in good faith of powers conferred by contract between the partners. (2) The provisions of sub-sections (2), (3) and (4) of section 32 shall apply to an expelled partner as if he were a retired partner.

Amended up to 2019-03-11View on India Code →
Section 33 – The Indian Partnership Act, 1932 | DailyLaw.ai