Ahmed (CA Final) (50 Points)
11 July 2012Hi
I need a clarification that when two major partners make a partnership deed and start a firm then can still their father(who is not a partner) can sign the bank statements and cheques related to firm? If he can then is it enough if they give power to him in Partnership deed or they should execute a separate deed
Darshan Thakkar
(Article Student)
(100 Points)
Replied 13 July 2012
It will depend upon the type of account. if the account is removed on the firms name then only partners can access the accounts.
CAclubindia
