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Sole Proprietorship Firm legal heir ongoing contracts

Labour & Industrial 921 views 2 replies
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5 Points Posted on 12 December 2023

After death of owner of a sole proprietorship firm is legal heir who is continuing the firm bound to continue ongoing contracts? 

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On 12 December 2023 at 13:34 Report
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Accountant
1227 Points Posted on 20 December 2023
No. legal heir is not responsible for his father's/ mother's contacts.
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On 20 December 2023 at 09:46
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"Do the Right Thing...!!!"
128147 Points Posted on 20 December 2023
@ Mr Sunanda,

What is Your exact question...???

For general view,

In case the firm (proprietor) can't register under any act then legal heir can run the business.

But, in case registered then legal heir will follow up based on the provisions of the registration..
463 Reply
On 20 December 2023 at 21:48


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