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Revuation of assets on retirement & addimision of partner

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(Querist)
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.
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Sandeep Dharar

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Sandeep Dharar (Expert)
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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