For partnership firm
This query is : Resolved
25 June 2014
As on 1-4-2012 in partnership firm 3 partner out of which 2 mejor and 1 minor. As on 1-4-2013 minor become a mejor. After six month certain fraud found of 2012 in partnership firm. That to decide close firm. Who is liable for that fraud as per partnership act.
If firm borrow certain amount from bank who is liable for repayment of laon.(banking regulations apply for laon taken)
25 June 2014
pls see the clause of partnership deed.
in which you mention the right and liability of minor partner.
In my opinion you have to make change in partner ship deep when partner become major.
in which you mention the right and liability of minor partner.
In my opinion you have to make change in partner ship deep when partner become major.
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- FORM 26A APPLICABILITY
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
