Business Studies, asked by rinkusharma9076, 1 year ago

Rules relating to the rights of a partner?

Answers

Answered by kartikkalra
3
Broadly, the provisions of the Act regarding rights, duties and powers of partners are as under: (a) Every partner ... (b) very partner is, as a rule, joint owner of the partnership .The relationship of partners among themselves, their rights and obligations are generally given in the partnership deed. If partnership deed is ... Related Articles: Partnership Deed

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Answered by sakshiii99
0

Partners can exercise the following rights under the Act unless the partnership deed states otherwise:

Right to participate in business:

Right to express opinions:

Right to access books and accounts:

Right to share profits:

.

Right to be indemnified:

.

Right to interest on capital and advances:

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