Partnership (business law)
SHIV RATTAN YADAV
(Querist) 16 October 2014
This query is : Resolved
is it not possible to admit for a period of time
Devajyoti Barman
(Expert) 16 October 2014
Since in re-constitution of firm by way of re-drafting of partnership deed signature of all partners are required, you can not keep this fact hidden from any partner.
Partnership business works on mutual faith not on distrust which you are trying to adopt.
ajay sethi
(Expert) 16 October 2014
contact a local lawyer . what is sense in admitting new partner for 2 years only