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As per the Indian Partnership Act 1932, admitting a new partner requires
AA simple majority of existing partners
BConsent of ALL existing partners (unless the deed provides otherwise)
CPermission from the Registrar of Firms
DConsent of any one partner
Answer & Solution
Correct answer: B. Consent of ALL existing partners (unless the deed provides otherwise)
Unanimous consent of all existing partners is required to admit a new partner, unless the partnership deed expressly provides for a different rule.
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