Parntership retirement of partner
We have to admit one parnter and retire one. Can we make admission of one partner and retirement of another on same agreement paper or we have to make on seprate stamp paper.
Asked on 4/04/09, 4:27 am
2 Answers from Attorneys
Homi Maratha
N.N. Maratha & Co.-Advocates
Re: Parntership retirement of partner
HELLO.
GOOD AFTERNOON!
In this case you have to enter into a new partnership deed.
You cannot admit and dissolute partner in the same deed.
Kindly contact a local tax lawyer.
In case of need please contact personally alongwith the details.
OR
In case of further query mail me.
Answered on 4/04/09, 5:17 am
Rohini Kumar Tenneti
R.K.1080 LEGAL SERVICES
Re: Parntership retirement of partner
you have to make separate deeds.
Answered on 4/04/09, 7:03 am
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