Amendment

Kripal G Rawat (Querist) 18 August 2021 This query is : Resolved
how to amend partner ship agreement were a HUF is a partner and is it necessary to register a partner ship agreement

Follow Query

Report Abuse

Quick Summary

This discussion clarifies how to amend a partnership agreement when a Hindu Undivided Family (HUF) is a partner. Amendments require execution by all partners, and registration of the partnership is generally optional unless local laws dictate otherwise. It's important to note that Partnership and HUF are distinct entities and cannot be combined. Consulting a local Chartered Accountant is recommended for specific guidance.

P. Venu (Expert) 19 August 2021
The amendment needs to be duly executed y all the partners. Registration is optional unless the local laws provide to the contrary.

kavksatyanarayana (Expert) 19 August 2021
The registration of Partnership is only optional. But amendment deed shall be executed by all the partners. Consult local CA for further guidance.

Dr J C Vashista (Expert) 20 August 2021
Partnership and HUF are two different connotations, which can not be clubbed together.
Be clear and specific.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries