Execution of partnership deed
This query is : Resolved
05 March 2014
As there is 2 partner in firm and 1 partner died in 2006 at that time no new deed was formed so is it become a proprioter and dosent need to execute partnership deed ...?
or dissolution deed need to be formed ?
as no deed is formed at that time is it valid to form now???
05 March 2014
when partner dies there is no need to make any dissoultion deed as there is only 1 person as owner but u need to inform the registrar if it was registered with registrar of firms.
05 March 2014
please refer Supreme Court judgment in case of Mohd Laiquiddin v Kamala Devi Misra (deceased) wherein it was ruled that death of a partner in TWO-Partner firm results in automatic dissolution.
please refer https://www.internationallawoffice.com/newsletters/detail.aspx?g=c7f62275-2158-4736-b3c3-1710bc1f1a81
please refer https://www.internationallawoffice.com/newsletters/detail.aspx?g=c7f62275-2158-4736-b3c3-1710bc1f1a81
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Building and other construction workers welfare cess act 1996
- ITR returnFY25-26
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Bank Accounts in Balance Sheet for ITR 3
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- Delisted shares sold in off market/ Rebate u/s87A
- Error whiling application of GST REFUND (ANNEXURE B)
- While filing GSTR9 accountant couldn't entered the ITC values in Table 6, in 9C it is not accepting
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
