Legal Question in Real Estate Law in India
Dear sir Krishna food is a partnership firm in UPSIDC area Aligarh (UP), we want to change in partners, so i want to know that this new deed(after change in partners) will come in correction deed or comes in new registry slab
1 Answer from Attorneys
1) Is it a Registered firm?
2) If there is a provision in your original deed for continuance of business than you have make a ded of dissolution & in the same deed you can enter new partners.
3) If there is no provision regarding continuance of business than make changes in the clause by making a subsequent deed with original partners.
4) Change in the constitution of the firm and its dissolution [Section 63(1)]
When change occurs in the constitution of the firm, any of the new, continuing or the outgoing partner, while when a registered firm is dissolved, any person who was a partner immediately before the dissolution or the agent of any such partner or person specially authorized on his behalf, may give notice of such a change to the Registrar, specifying the date thereof.
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