PARTNERSHIP DEED - AMENDMENT

Auditor K.Sankar (Practitioner) (72 Points)

30 June 2010  

Dear Sir, I have a Doubt regarding, creation of Partnership Deed Admission cum Retirement  - details are

Two partners are doing business and one of the partner willing to retirement and some one like to become a partners on same date for continue in the same firm, can we make the partnership deed admission cum retirement on the same date in one deed. Is this deed valid? please explain breiefly.