Legal Question in Business Law in India
When a partner is leaving the business if its a clothing showroom how is the total stock in store calculated?Is it the purchase price or the sale price?
Asked on 1/08/14, 8:29 am
1 Answer from Attorneys
Vishwa Arya
Arya & Co.
the normal rule is cost or the market price which ever is lower
Answered on 1/08/14, 8:57 am
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