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Mansi (Lawyer)     28 September 2016

Effect on existing contracts/clients in case of dissolution

Dear Experts,

 

Greetings!

 

Would appreciate your guidance on laws/case laws on, what is the effect, when a partnership firm at will dissolves due to death of a partner, on the existing contracts/licence. Can one partner continue with the licence after due communication and consent with the licensor.

 

Thanks in advance,

Best Wishes



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