hi
what r the legal requirements which partners have to fulfil, if partners want to change the partnership agreement between them.???????????????
for example change in partner's profit sharing ratio etc
Vatsalya Bhardwaj (Final Student) (427 Points)
15 December 2009hi
what r the legal requirements which partners have to fulfil, if partners want to change the partnership agreement between them.???????????????
for example change in partner's profit sharing ratio etc
CA Anand Oberoi
(Chartered Accountant)
(296 Points)
Replied 16 December 2009
a new deed of partnership is to be written and should be registered again appropriately.
Vatsalya Bhardwaj
(Final Student)
(427 Points)
Replied 16 December 2009
Originally posted by :Anand Oberoi | ||
" | a new deed of partnership is to be written and should be registered again appropriately. | " |
can u plz tell me from which date r the changes effective in the partnership deed????????
obeid
(learner)
(292 Points)
Replied 16 December 2009
It will come into effect from the date of such change entered in the agreement. Registration is not compulsory. An ammendment to the exsistting deed is enough.