Sir,
we have a partnership firm 2 patnar as per dead. one patnar want to close hi s patnar ship please suggest how to close the patnar ship. What is the procedure Can after close patnar ship 2nd person continue same firm as a proprietor ship.
kindly guide
4 Replies
prasad Nilugal
(3914 Points)
Replied 28 March 2021
Why you want to close the partnership firm , what is the reason ?.
prasad Nilugal
(3914 Points)
Replied 28 March 2021
You can dissolved partnership firm as per the section 40 of the partnership Act 1932 . "Dissolution by Aggement" . It's long procdure you can contact to any CA nearby you to do closing procdure , can not explain here in short .
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