ca praveen kumar (private job) (69 Points)
10 July 2010hi
Change of Mg. Partner of a Partnership Firm i.e., Existing Mg. Partner will be removed and remain as a partner and one of the other partners appointed as a Mg. Partner. Can any one explain me the process i.e., whether it requires new Partnership deed ? or Simply a partners resolution will sufficient ?
Sagar Zankhariya
(Audit Assist.)
(278 Points)
Replied 17 July 2010
As per my view there may be only change in deed only, there is no change in firm whether partner come and go out.
CAclubindia
