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