Can a partner withdraw

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1359 Points Posted on 13 November 2021
can a partner withdraw money from partner's current account which have credit balance (opening)
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On 13 November 2021 at 12:59 Report
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Quick Summary
This discussion clarifies whether a partner can withdraw money from a joint current account that has a credit balance. The consensus is that yes, a partner can indeed withdraw funds from such an account. The question of whether interest is involved in such withdrawals is also raised.

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ca
603 Points Posted on 13 November 2021
Yes he can.
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On 13 November 2021 at 16:29
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Chartered Accountant
24588 Points Posted on 13 November 2021
Yes he can withdraw
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On 13 November 2021 at 17:37
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1359 Points Posted on 13 November 2021
Without any interest ???
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On 13 November 2021 at 17:41

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