Partnership Act,1932
This query is : Open
vilas wankhede
(Querist)
26 December 2009
Dear Sir,
My question is can two already registered partnership firm with ROF can make a new Partnership Firm and do the business in name of new firm.
Dear Sir,
My question is can two already registered partnership firm with ROF can make a new Partnership Firm and do the business in name of new firm.
Deepak Narayanan
(Expert)
27 December 2009
NO two firms cannot constitute another partnership firm
Partnership firms doesn't have separate personality, only company form of organizations have corporate personality independent to its members.
The existence or partnership firms are highly depended on its members. As partnership firms Doesn't have separate entity as such two firms can constitute another firm.
Partnership firms doesn't have separate personality, only company form of organizations have corporate personality independent to its members.
The existence or partnership firms are highly depended on its members. As partnership firms Doesn't have separate entity as such two firms can constitute another firm.
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