Introducing fresh capital by existing partner in a partnership.
This query is : Resolved
k chakraborty
(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".
CA R SEETHARAMAN
(Expert)
26 February 2024
No need for amendment deed in such a case.
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