Section 31 Indian Partnership Act

Section 31 of the Indian Partnership Act 1932 is about Introduction of a partner. It is under CHAPTER V (Incoming And Outgoing Partners) of the Act.

 Introduction of a partner

(1) Subject to contract between the partners and to the provisions of section 30, no person shall be introduced as a partner into a firm without the consent of all the existing partners.

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(2) Subject to the provisions of section 30, a person who is introduced as a partner into a firm does not thereby become liable for any act of the firm done before he became a partner.