partnership
This query is : Resolved
MANJOT SINGH
(Querist)
20 December 2010
partnership is artificial person or not? give me reasons
20 December 2010
Not an artificial person since firm has no separate indentity as per the Indian Partnership Act,1932.
Balakrishnan
(Expert)
21 December 2010
Yes. But i rhink LLP is.
Nikhil Kothari
(Expert)
21 December 2010
Yes Partnership Firm is not an artificial person as their is no separate legal existence.
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