Urgent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 September 2013
Dear Sir,
There is a partnership firm consisting of 5 partners. Now 4 partners wish to retire and single remaining partner will carry the the business by joining a new partner with him.
Now please advise me on following points-
1. for the above purpose how many deeds I have to draft.
2. Whether the firm has to apply for new PAN
or
Old Pan will work.
Please reply soon.
There is a partnership firm consisting of 5 partners. Now 4 partners wish to retire and single remaining partner will carry the the business by joining a new partner with him.
Now please advise me on following points-
1. for the above purpose how many deeds I have to draft.
2. Whether the firm has to apply for new PAN
or
Old Pan will work.
Please reply soon.
21 September 2013
You can do via one deed too..else get the new partner first and then amend deed for retirement of 3 partners.
Old PAN will work.
Old PAN will work.
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