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 Threads
- How Salaried Individuals Can Reduce Capital Gains
- NSTPI registration
- GST PAID IN DELHI
- How to Trade Forex in India?
- TDS - requirement of TDS by individual under presu
- Normal Register in GST in delhi in gujarat no rece
- ITC availment relationship
- Challan confusion in ITR B block return
- U/s 23 (2)(a) and 23 (2)(b)
- Building a Strong Financial Foundation: Key Accoun
Related Threads
CAclubindia
