Legal Question in Banking Law in India
partnership fund
Dear sir,
Thanks for the answer,
But what about fund?How fund will be transfer in new partnership firm account if one partner died and the mode of account was joint singnature?
Pls advise
Kind Regards
Asked on 3/07/09, 2:34 am
2 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: partnership fund
The account remains the same. No transfer of funds is required. Only the name of signatories should be changed in bank records on the basis of new partnership deed.
Answered on 3/07/09, 8:07 am
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
Re: partnership fund
consult a local advocate or bank.
Answered on 3/09/09, 5:06 am
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