Dear sir, i have a client whose partnership firm was registered manually in 2004, thereafter many changes took place like Admission/Retirement of partners, Changes wherein were updated with registrar of firms manually & recently a partner in the firm has died somewhere in june2015. changes in deed were made for the same.. so, My question is what is the procedure i need to follow to get the affect of death of partner in deed? please suggest me what to do? i mean just filling of form "E" mnaully is enough orelse there is any other process for the same?
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Query regarding partnership firm
Replies (1)
>Where agreement is silent for contingency situation , partnership will dissolved
>If there is provision to continue business even after death , the nominee or legal representative of the deceased partner can take the place of deceased partner but there must be more than two partners, otherwise dissolved
Regards
Ddshah
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