Partnetship
Querist :
Anonymous
(Querist) 09 August 2011
This query is : Resolved
there are 2 partnership firms firm A and firm B.firm A has 2 partner (Ram and Mohan) and firm B has 2 partners(Shyam and Sunder) in 1989 from firm A one parner Ram deceased. after his death a new parner ship deed was made introducing decease's elder son Sohan ( who is a minor at that time)as a new partner . later after few years sohan took retirement and joined company B. one partner Shyam form B company retired and joind A company in his place. in 2006 partner of firm A Mohan deceased . the parnership firm dissolved. Mohan had made a will that all my share in firm A belongs to Shyam .
now can the wife of deceased partner Ram claim for his husband share in firm A.
Raj Kumar Makkad
(Expert) 09 August 2011
If the share in capital and credit of partnership was solely incurred by Mohan means it was his self acquired property then his wife can do nothing at this juncture when deceased settled his properties left by way of a will in favour of Shyam but if the position is otherwise then widow of deceased shall be given preference over Shyam.
