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addition to capital

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vandana (Querist)
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14 May 2008 if a partner introduces capital in the form of all his personal assets and liabilities (of his proprietorship firm), will the documents now have to bear the name of the partnership firm in case of a land or building

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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14 May 2008 Yes, the said movable assets of cash and bank balances will belong to the firm henceforth the transfer.

KAUSTUBH M JOSHI

KAUSTUBH M JOSHI (Expert)
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14 May 2008 I agree with S S sir.

vandana (Querist)
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17 May 2008 plesae reply to the new ques

Radhika (Expert)
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12 September 2008 It belongs to firm

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