Revuation of assets on retirement & addimision of partner
This query is : Resolved
10 March 2014
AB DEVELOPERS HAVINGTWO PARTNERS VIZ A & B. ON B"S DEATH, AS PER HIS WIL HE TRANSFERS HIS SHAES TO HIS SON C. SO ON ADMISSION OF C, WHETHER IT IS COMPULSORY TO REVALUE THE ASSETS AND LIABILITIES.
10 March 2014
Whole of the firm's Assets & Liabilities will b revalued, if there is admission or retirement or death.
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