There are 4 partners in partnership firm. 1 is individual and other 3 are seperate kartas of their HUF.
Now one of the karta was died. His son is now a new karta.
Is it required to change partnership deed ?
Darshak Parikh (1 Points)
28 March 2025There are 4 partners in partnership firm. 1 is individual and other 3 are seperate kartas of their HUF.
Now one of the karta was died. His son is now a new karta.
Is it required to change partnership deed ?
Rama chary Rachakonda
(Master in Accounts & high court Advocate)
(8567 Points)
Replied 28 March 2025
Nikhil Kaushik
(Fellow CA)
(86848 Points)
Replied 30 March 2025
as such you may not amend the deed as long as the HUF continues to exist. The karta is only there in his representative capacity.
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