Sale of partnership property

chandru (Querist) 30 October 2014 This query is : Resolved

Hello sir, We are owning partnership firm. First 10 years back we started with two managing partners and five partners. all the partners gave powers to managing partnes.laterly 4 years before one of the managing partners and two other partners retired from the partnership.The land purchase document of the firm was signed by the two managing partners at the time of purchase.now we want to sell the company. Can remaining one managing partner execute the sale document without dissolving the partnership.the firm is registerd one. Another query is Should the retired managing partner name be removed from the sub-registrar office and from patta doc. in revenue records?

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