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Introducing fresh capital by existing partner in a partnership.

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(Querist)
26 February 2024 Is executing amendment deed of partnership necessary to introduce fresh capital into partnership by existing partners without changing profit sharing rartio if the original deed of partnership says " Partners if so desire may take further investment of money in Firm either as loan or as Capital".
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
26 February 2024 No need for amendment deed in such a case.
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