There were only two partners in a firm one of the partners resigned and a new partner was admitted in his place can both the resignation and admission of partners be done in a single amendment deed.
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Amendmend deed
Replies (3)
Yup. U can make single partnership deed of admission cum retirement deed
Thank u sir , but are you sure that the admission and retirement can be done in the same deed because presently there are only two partners in the firm
Yes. Bcoz i have made partnership deed of 1 of my client that was also admission cum retirement type. So i think not any problem.
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