Section 33 Indian Partnership Act
Section 33 of the Indian Partnership Act 1932 is about Expulsion of a partner. It is under CHAPTER V (Incoming And Outgoing Partners) of the Act.
Expulsion of a partner.
(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.
