whether partnership firm addmited as partner in another firm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 June 2010
sir
whether partnership firm addmited as partner in another firm.what is the procedure for such case.
whether partnership firm addmited as partner in another firm.what is the procedure for such case.
Shudhanshu Agrawal
(Expert)
18 June 2010
As per Section 4 of Partnership Act 1932 any person can be a partner. In law person includes partnership firm as well a company. So a partnership firm can be a partner in firm.
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