Aop deed - death of member

Dipen (Querist) 31 January 2017 This query is : Resolved
Hi,

If one of the member in AOP dies , then is it necessary to make new AOP deed or supplementary deed to the original deed is sufficient?

Also can we mention addition of member in the supplementary deed(if supplementary deed allowed). Also what would be the situation if legal heir of deceased member joins in as a member?

Regards

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J K Agrawal (Expert) 31 January 2017
An AOP is governed only and only by its terms and conditions. It is just like an agreement between to or more persons. The law applicable to its terms and conditions is The Indian Contract Act.

Ms.Usha Kapoor (Expert) 01 February 2017
Agree with JK Agrawal.

Rajendra K Goyal (Expert) 01 February 2017
Refer the terms and conditions of AOP.

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Aop deed - death of member

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