A and B are partners of AB & co.,
B don't have any legal representatives (i.e., doesn't have wife, children, parents or any other relatives).
B died. After transferring his share from Reserves, his capital account has a credit balance of R. 5,50,000/-.
Now who will take this amount of R. 5,50,000/-?
Is it Partner A or Govt. or any other person?
Note: Partnership deed is silent regarding this matter.
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