Legal Question in Business Law in India

two partner makes a partnership firm, which name is "A.K.DAS&CO." ram is first party­am is second party.they make a partnership deed.it's vat no.123456 and registered with west bengal sales tax. in the partnership deed it is written that "if the partnersship be disolved the goodwill of the firm always belong to the first party"

MY QUESTION IS, will ram make the above said company"A.K.DAS&CO." in same vat no123456,in same registration number with the wbsalestax dept, in his own propitership company ?


Asked on 9/26/09, 2:37 am

2 Answers from Attorneys

Ram has to first add a new partner and replace the name of earlier partner with this new partner else not.

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Answered on 9/26/09, 4:24 am
Seshadri Srinivasan www.lawconcern.com

No, the new firm must be registered afresh.

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Answered on 11/02/09, 2:26 am


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