Resignation from partnership firm

This query is : Resolved 

25 August 2011 Two partners ( A & B) has started New Partnership Firm in 2010. B of the partner now learns that A is already charged to Criminal Laws. Whats are the options available with B?
1. Resignation from Partnership ? Whether mere resignation from partnership will allow B to escape from Liabilities of Partnership, if any?
2. If B resigns, and A does not approve, still whether B can stop working from firm?

Please guide urgently with best way to deal this situation

25 August 2011 b give resign from partnership firm.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries