Partnership
This query is : Resolved
28 February 2011
Sir
if Wife is Unqualified
can Husband and Wife enter into Partnershp
of Tradng business
if yes
den CLubbing provision would apply or not
As trading Business does not require any Qualification
if Wife is Unqualified
can Husband and Wife enter into Partnershp
of Tradng business
if yes
den CLubbing provision would apply or not
As trading Business does not require any Qualification
CA PARAS BAFNA
(Expert)
28 February 2011
Unqualified wife is certainly not disqualified from entering into a trading partnership. She should be made a working partner by assigning certain work areas in the business thru partnership deed itself. In such case clubbing provisions may not attract.
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