Legal Question in Constitutional Law in India

Sir, i want to know that when a partner retires from a registered partnership firm,

1) Who will purchase the stamp-paper to furnish the retirement deed according to law ? Retiring partner / One of the continuing partners or all the continuing partners / All, retiring and continuing partners.

2) Of which amount ?

3) On which date ? Prior / same to furnish retirement deed.


Asked on 6/27/12, 9:11 pm

2 Answers from Attorneys

Global Legist Advocate & Legal Consultants

Hello,

All expenditure is by partnership firm not by partners unless agreed contrary in the Memorandum.

For Details and formation of Deed please Contact us.

With Regards

Global Legist

Advocates and Legal Consultants

+91 9873400403

[email protected]

www.globallegist.com

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Answered on 6/28/12, 8:31 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

i agree with Global Legist. As stamp laws are state laws and differs from state to state approach a local lawyer / Registrar of Partnership firms office.

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Answered on 7/09/12, 3:24 am


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