liabilities of a member of an a.o.p.
prakash
(Querist) 01 February 2010
This query is : Resolved
can a person who was a member of an association of person be liable to pay the depositor of that a.o.p. after his dissociation from membership or the remaining members will liable to pay as they agreed to take all assets and liabilities after the dissociation of the said member.
Raj Kumar Makkad
(Expert) 01 February 2010
only remaining members who took all the assets and liabilities are liable to pay.
Sachin Bhatia
(Expert) 07 February 2010
Only the remaining members are liable to pay.