Legal Question in Constitutional Law in India
RECONSTITUTION OF PARTNERSHIP
NORMALLY IN PARTNERSHIP FIRMS WHEN EVER ONE PARTNER RETIRES THE PARTNERSHIP IS RE CONSITITUTED AND A DEED IS AGREED AND SIGNED BY ALL PARTNERS
qns.
1. IS A NEWSPAPER AD MANDATORY
2. REGISTERING THE RECONSITITUTED DEED WITH REGISTRAR OF FIRMS & OBTAINING A TRUE EXTRACT OF THE ADDITION / DELETION ,- MANDATORY
3.what is the fees for reconstitution of the firm.when the main partner is continuing and additional one partner is add and existing 2 partners are retiring with their willingness.
3 Answers from Attorneys
The partnership deed must be studied to advice.www.lawconcern.com- Offices in Chennai and Bangalore
every partnership is governed by the Indian Partnership Act. better consult a lawyer in person with all the documents for a concrete reply.
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