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Dissolution of Firm on death of Partner

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 July 2011 A Partnership Firm had 2 partners.One of the partner has deceased.On death of the partner, whether the Firm stands dissolved automatically or a dissolution deed has to be executed with the legal heir of the deceased partner in order to dissolve the Firm.
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07 July 2011 the firm shall stand dissolved authomatically unless specifically provided in Partnership deed..
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