According to partnership act or any other rule what is the minimum percentage for a partner?
Can a partnership deed contain 2 partners with 99% ownership to one partner and 1% ownership to another partner?
Thanks for replies.
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According to partnership act or any other rule what is the minimum percentage for a partner?
Replies (3)
asking about profit sharing ratio?
Yes it can be any ratio as decided by partners and mentioned in the partnership deed and in the absence of such psr is equal...
Thanks a lot for the replies
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