In the absence of Partnership Deed, the provisions of Indian Partnership Act, 1932 will apply as follows;
(a) Interest will not be allowed on extra capital introduced by Bose,
(b) Deep cannot be admitted as Bose and Chatterjee don’t agree, no partner has right to admit any one as a partner,
(c) Interest will not be charged from Chatterjee as rate of interest was not agreed.
(d) Interest on drawings will not be charged on Sarkar’s drawings.