Legal Consequences of Partners Coming in and Going Out

  • Vidhi Sharma and Poulomi Ojha
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  • Vidhi Sharma

    Advocate at Calcutta High Court, India

  • Poulomi Ojha

    Advocate at Fast Info Legal Services, Kolkata, India

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Even a slight change in the relationship between partners in a firm would result in reconstitution of the firm, thus whenever a new partner is introduced or when an existing partner is removed from the partnership firm, a firm is bound to be reconstituted. The article talks about the legal consequences of the addition of/ removal of partners in a partnership firm as stated in the Indian Partnership Act, 1932.


Research Paper


International Journal of Law Management and Humanities, Volume 4, Issue 2, Page 160 - 168


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