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Claim in partnership business
I was in partnership business with my brother..Two years ago we have diveded our business.At that time there was one crore rupees was credit to partnership ..I have accepted that I will pay whole amount of one crore to creditors and in lieu of that i deduct asset from my brother but after that I did not pay any amount to creditors.Whether I ca claim the asset which i deducted from my brother?
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Are you running the business as sole proprietor now
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