Legal Question in Business Law in India

A partnership firm is registered in 2001 under partnership act 1932 with three partners. The firm never did any business, neither it ever filed any ITR. the managing partner who owns firms assets dies. Will the successors of the deceased managing partner would be having any right on the property.

Asked on 11/04/13, 10:01 am

1 Answer from Attorneys

Vishwa Arya Arya & Co.
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that would depend upon the terms of partnership deed.

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Answered on 11/04/13, 5:25 pm

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