partner ship
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 January 2011
1. Can a company be a partner in a partnership firm ?
2. Can a company enters in to a contract with its directors to form a Partnership Firm ?
3. If yes then Can that company receive partner remuneration from the firm ?
2. Can a company enters in to a contract with its directors to form a Partnership Firm ?
3. If yes then Can that company receive partner remuneration from the firm ?
04 January 2011
1. Yes
2. Yes
3. No.
2. Yes
3. No.
04 January 2011
1. Yes
2. Yes
3. No.
2. Yes
3. No.
05 January 2011
Hi
For Question No. 1 and 2:
Answer: Yes
TYPES OF PARTNERSHIP
A Partnership can be formed between:
(i) one or more individuals or
(ii) between an individual and a person representing a H.U.F. or
(iii) between an individual and other partner representing his firm, or between Limited Company or a Corporation and an Individual or Partnership firm, or
(iv) between two Partnership firms, or
(v) between a Limited Company or a Corporation and an individual or Partnership firm, or
(vi) between a Partnership firm and H.U.F., or
(vii) between members of HUF in their individual and independent capacity, and
(viii) between a HUF and a member of that HUF independently.
For Question No. 1 and 2:
Answer: Yes
TYPES OF PARTNERSHIP
A Partnership can be formed between:
(i) one or more individuals or
(ii) between an individual and a person representing a H.U.F. or
(iii) between an individual and other partner representing his firm, or between Limited Company or a Corporation and an Individual or Partnership firm, or
(iv) between two Partnership firms, or
(v) between a Limited Company or a Corporation and an individual or Partnership firm, or
(vi) between a Partnership firm and H.U.F., or
(vii) between members of HUF in their individual and independent capacity, and
(viii) between a HUF and a member of that HUF independently.
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