Partnership deed related query
This query is : Open
16 December 2013
Dear All,
There is one registered partnership firm say M/s XY, having two partners Mr. X & Mr.Y
They have entered into Admission cum Retirement deed, retiring Y and admitting Mr.A but before registering the deed Mr. Y died.
Now my question is, Can legal heir of Mr. Y, do Notary and registration of the deed on behalf of Mr. Y ?? if yes then How ??
Pls Share your views.
Thanks in advace
There is one registered partnership firm say M/s XY, having two partners Mr. X & Mr.Y
They have entered into Admission cum Retirement deed, retiring Y and admitting Mr.A but before registering the deed Mr. Y died.
Now my question is, Can legal heir of Mr. Y, do Notary and registration of the deed on behalf of Mr. Y ?? if yes then How ??
Pls Share your views.
Thanks in advace
16 December 2013
No. Upon the death of Mr. Y the partnership firm ceases to exist by virtue of law.
16 December 2013
Thanks for your reply sir.
But Mr. Y had already signed the deed before he died only the registration part is pending. Consent of My.Y had already been taken by other partners.
But Mr. Y had already signed the deed before he died only the registration part is pending. Consent of My.Y had already been taken by other partners.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Tds on commission charges
- Dep. as per companies act
- Minimum tax payable to file Updated return
- Applicability of GST on Salary Reimbursement Component
- CHECK RELATED
- New GST registration for new place of business.
- Salary from Qatar in Dollars in India
- GST ISSUE OF INPUT AND OUTPUT GST
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
CCI
Pro
CAclubindia
