10 February 2009
I want to know that if two brothers are doing a manufacturing business but it is on the name of elder brother as a Proprietor & other brother is not an official partner. In this case if the brother (not offical partner) DIED then what is the good option for his family members whether to go for Partnership or ask for 50% share in written & and continue like this . Please provide me the best option in this case.
I want to know the details if we go for partnership or show deceased partner's spouse as creditor. please provide me the full details.