Professional Ethics
This query is : Resolved
09 May 2011
Dear Experts
Please help me on this topic:
In case of partnership C.A. Firms, A partner signing on balance sheet is only liable for any negligence or misconduct, or the firm as a whole is laible?
Regards
Deepak Kakkar
Please help me on this topic:
In case of partnership C.A. Firms, A partner signing on balance sheet is only liable for any negligence or misconduct, or the firm as a whole is laible?
Regards
Deepak Kakkar
09 May 2011
yes , all partners of firm is jointly and severally responsible.
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