There are 4 partners in partnership firm. 1 is individual and other 3 are seperate kartas of their HUF.
Now one of the karta was died. His son is now a new karta.
Is it required to change partnership deed ?
2 Replies
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(7067 Points)
Replied 28 March 2025
Nikhil Kaushik
(Fellow CA)
(86460 Points)
Replied 30 March 2025
as such you may not amend the deed as long as the HUF continues to exist. The karta is only there in his representative capacity.
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