Firm dissolution


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Querist : Anonymous

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Querist : Anonymous (Querist)
01 May 2015 A pvt. ltd. co. is partner in firm alongwith 4 other insividual partners.

If all 4 individual partners resign from firm then what will be the consequances.

02 May 2015 The partnership will come to an end. The Pvt Ltd Co. can retain the business as a Proprietary Business of its own
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Querist : Anonymous

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Querist : Anonymous (Querist)
02 May 2015 Thank You Bafna Sb.

And what about the business assets of the p/s firm.
And if the company retains that assets, then if any capital gain arises, if yes then to what extent ?

And what other benefits arises in this situation to Pvt. Ltd. Co. ?




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