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Sunidhi Rawat (Advocate)     27 May 2010

Partnership Act

A partnership firm consist of partners A, B & C. The firm took a loan in the year 2008. The loan was repaid by firm, wherein A & B claims to have paid the loan by taking loans from their relatives. Now C claims dissolution in the year 2010. Whether payment of loan can be fastened on C as per the provisions of Mode of Settlement in Partnership Act at the time of settling accounts due to dissolution?



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