A partnership firm consists of 4 partners. The partners are willing to sell the firm to two people who shall be the new partners in the firm.
Which deed/agreement is to be drafted for this?
The new partners should pay for share in firm to which account - partners saving account or firm?
Veerendar Ji, I think you went wrong in understanding.
The old partners will leave and new would take over the business in as in basis with all assets and liabilities of the existing firm and continue business operations in the same name
CAclubindia
