If there are two partnership firms, say A and B, and both these firms have the same set of partners. The partners decide to shift the entire business including sales, stock, debtors, creditors of the partnership firm A into that of partnership firm B. In such case what will be requirements or documents that will be needed?
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Acquisition of One Partnership Firm by Another Partnership FIrm
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The following document can be execute: (1)Agreement between the firm A & B firms (2) affidavit from the Designated partners n partners of A firm (3) consent from Designated partners n partners of A firm (4) Acceptance letter from Designated partners n partners of B firm
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