Partnsership amendment

Hi friends,

I have a query that whether all partners can retire at a time and all set of new partners can take admission keeping the main firm's name intact or is it possible to gradually take retierement and admission accoridngly and subsequently over a period of time all old partners got retired and new set of partners remain in force....??

Replies (1)
I think both are possible. However, second option is a better way to go.

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