Can a partner in a partnership firm of 2 partners continue the partnership firm after the retirement of one of the partners (resulting in him being the only partner left) continue the partnership firm so as to add a new partner a later date? If yes, is there any restriction as to the time frame within which he must bring in the new partner?
Menu
Partner retirement
Replies (1)
No....
If a Partnership firm have only partners. After one ll be retire then the firm is labsed....
So, First of add a new partner after ll be retire a old partner. Then only the firm is live. If not its not a PATNERSHIP FIRM...
Recent Topics :
- Consultation
- E-way notices2222
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
- EWAY BILL TAKE OUT OF OTHER COMPAMY
- Penalty & late fee for late ITR filing
- Business discontinued as Government took possessio
- Which Aviation Services Can Air Ticketing Professi
Related Topics :
CAclubindia
