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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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