Is desolution deed required for a firm of two partners when one partner dead
Ranajit Kumar Banerjee 21 August 2018
Is desolution deed required for a firm of two partners when one partner dead
Adv Deepak Joshi +917017821512 (Advocate) 21 August 2018
You don’t need.
In Mohd. Laiquiddin and Anr. vs. Kamala Devi Misra (Dead) by L.Rs. and Ors.[3] it was held by Supreme Court at para 26 that-
“…when there are only two partners constituting the partnership firm, on the death of one of them, the firm is deemed to be dissolved despite the existence of a clause which says otherwise.
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