Repayment of capital to partner

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 August 2014 i have a client partnership firm have 2 partner now i want to know how dissolve the partnership firm and give capital share to partner (i.e. 1.25 cr)
my qry is will bank loan for this purpose?

09 August 2014 Transfer net assets in capital ration and draft dissolution deed.

09 August 2014 pls make the dissolve deed of partner ship firm. it is better to make payment through bank.


09 August 2014 prepare the account to the date of dissolution, make dissolution deed, transfer the balance in respective partner capital account.

Bank will not fund such payment.

09 August 2014 Agreed. No issues in bank



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