Post by: Renu Suresh in Partnership Firm
Dissolution of Partnership Firm "Dissolution of partnership firm involves terminating the business and settling all accounts. This includes selling assets, paying off debts, and distributing remaining funds among partners." This process can occur in two forms: the dissolution of the…
Post by: Renu Suresh in Partnership Firm
What is a Partnership Deed? A partnership deed, a partnership agreement, is a written document among business partners. It's a preferred choice among entrepreneurs due to its many benefits. However, running a partnership business involves planning and risk. Disagreements, financial…
Post by: Renu Suresh in Partnership Firm
Is an unregistered partnership deed valid in India? Yes, an unregistered partnership deed is valid in India. However, there are some important implications to consider. In India, a partnership firm registration can be formed by way of an oral agreement…
Post by: Renu Suresh in Partnership Firm
Is it mandatory to form a partnership deed? It is not mandatory to form a partnership deed in India under the Indian Partnership Act of 1932. However, it is recommended to have a written partnership deed as it helps avoid…
Post by: Bennisha in State Governments
Partnership Firm Registration Maharashtra A partnership firm is formed when a group of people join together in the pursuit of business. All partnership firms are formed in India under the Indian Partnership Act, 1932. In this article, we look at…