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.
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