The INDIAN PARTNERSHIP ACT, 1932

INCOMING AND OUTGOING PARTNERS

Section 31: 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.

(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.