INDIAN PARTNERSHIP ACT
This query is : Resolved
Rahul Bansal
(Querist)
25 May 2010
CAN A PARTNER CAN BE ONLY FOR PROFITS.....?
Rahul Bansal
(Querist)
25 May 2010
reply please
Rahul Bansal
(Querist)
25 May 2010
??????????
CA Ravi Sisodia
(Expert)
25 May 2010
yes, if clear provision in partnership deed.
CA Ravi Sisodia
(Expert)
25 May 2010
if no provision/clause in deed then partners should be liable for loss and profit both.
Rahul Bansal
(Querist)
22 June 2010
THANKS RAVI JI
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