Haryana Judicial Service (Civil Judge) Prelims 2021 Previous Year Question Papers with MCQ Answers

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91.

Where partners upon or in anticipation of the dissolution of the firm make an agreement that some or all of them will not carry on a business similar to that of the firm within a specified period or within specified local limits, such agreement is:

A: Valid, its restrictions imposed are reasonable, notwithstanding anything contained in Section 27 of the Indian Contract Act
B: Void, irrespective of the nature of restrictions imposed on the ground of being an agreement in restraint of trade
C: Voidable
D: None of the above

The answer is: A