does partnership act 1932 also aplicable to a.o.p.members
prakash
(Querist) 03 February 2010
This query is : Resolved
R/sir,
Please let me know that the partnership act 1932 is also applicable to a.o.p. members regarding liabilities of
the member after retirement without giving public announcement.
Raj Kumar Makkad
(Expert) 03 February 2010
Yes. The consequences of the Partnership Act are fully applicable over such person leaving association of person without making any public announcement.
Parveen Kr. Aggarwal
(Expert) 05 February 2010
Mr. Makkad. Whether provisions of the Indian Partnership Act, 1932 are applicable to an Association of Persons. If yes, to what extent and by virtue of which provision of law?