Partnership

Others 492 views 2 replies

hi lets discuss about parnership firm.

If A&B are sharing P&L in the ratio 55:45. now A decided to continue as a Sole trading concern. As per the valuation B's share value is1,38,000. now my query is..... A decide to give 1lac+38000(i.e 30%of some selected bills reciveable). I mean to say is A is ready to give1lac + some bills receivables to B . pls tell me.. is  A's decision is acceptable r not as per partnership act.

Replies (2)
Yes on mutual concent of a and b

Liability towards a retiring partner shall be made as per his direction if partnership deed is silent about it :)

But do make sure that partnership deed doenst contain any clause in contrary :)


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details