Partnership firm


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 June 2016 Dear Sir,
There is a partnership firm to carry on the business of civil construction. Wherein, there are two partners (father-son).
Now the father has died. Now I want to ask that, whether the second partner (son) can become partner in the capacity of legar hair of his father, to maintain the status of firm as partnership
or
he has to run it now only as proprietorship firm?
Please clarify.
Thanks.

20 June 2016 No, that is not possible......
he can take some other person, if he is so keen in doing it in partnership ELSE he can do it in proprietorship


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query