MERGER OF FIRM WITH ICIA
This query is : Resolved
13 October 2022
I AM PROPRIETOR IN ONE FIRM AND ALSO PARTNER IN ANOTHER FIRM.
I WANT TO MERGE MY PROPRIETORSHIP FIRM WITH PARTNERSHIP FIRM, WHAT I WILL HAVE TO DO.
WHETHER NEW DEED OF PARTNERSHIP WILL BE EXECUTED BEING I AM ALREADY PARTNER IN THAT FIRM.
I WANT TO MERGE MY PROPRIETORSHIP FIRM WITH PARTNERSHIP FIRM, WHAT I WILL HAVE TO DO.
WHETHER NEW DEED OF PARTNERSHIP WILL BE EXECUTED BEING I AM ALREADY PARTNER IN THAT FIRM.
13 October 2022
No need for any new deed if there is no change in profit sharing ratio.
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