remutation of land

prakash (Querist) 09 July 2010 This query is : Resolved
While purchasing land to do business.land was registered as A.B.& co's partners 1& 2.Now partner 1 has retired by setteling all his accounts.On furnishing the retirementdeed to the land revenue dept.the concerened officer opines that on retirement of partner 1 the name of the outgoing partner can not be deleted from record but partner 2 has to reregistere the land in his single name.
Please advice if it is right or wrong ?

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Chanchal Nag Chowdhury (Expert) 10 July 2010
WRONG.Even after retirement,the land continues to remain in the name of A.B.& co. only it has changed from partnership to proprietorship. Nothing is reqd. to be done.

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