Partnership


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Querist : Anonymous

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Querist : Anonymous (Querist)
18 June 2010 A partnership firm is having 3 partner ie 2 major and 1 minor. firm is suffering from loss.Now major partners wants to transfer share of loss to minor through appointment of guardian of minor (as minor is not entitle to loss). is this treatment correct under partnership act?

Thanks in advance!!!!!

18 June 2010 NO



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