Accountancy, asked by archigangwar18, 5 months ago

Search
ADMISSION OF PARTNER

Answers

Answered by Srinandhan

Answer:

According to the Partnership Act 1932, a new partner can be admitted into the firm only with the consent of all the existing partners unless otherwise agreed upon. With the admission of a new partner, the partnership firm is reconstituted and a new agreement is entered into to carry on the business of the firm.

Previous Question

Next Question

Similar questions

Math, 2 months ago

QUESTION - • Find the area of the shaded parts of the following figure ( Figure in attachment ) (i) to (iii). All corners are right-angled - No spams ❌ - No copied answers ❌...

English, 2 months ago

He is addicated__ gambling...

Political Science, 2 months ago

शेशप्पाच्या घरची मंडळी रात्रीचं जेवण करून रथयात्रेत भाग घेण्यासाठी समुद्रकाठच्या मंदिराकडे जायला निघाली, पण शेशप्पा मात्र खूप म्हातारा झाला होता . त्यामुळे त्याने घरीच थांबायचं ठरवलं तो म्हणाला, "आता या वयात त्या गर्दीत येण्याइतकी ताकद या शरीरात उरली नाही. मी एकटा घरी थांबेन.तुम्ही सगळे जा आणि मजा कस्न या. नाहीतरी वर्षातून एकदाच हि यात्रा निघते. खरच जा सगळे ! पण शेशप्पाचा पणतू मारा हा मात्रा...

History, 5 months ago

13: Fill in the blanks with correct adverb given in the brackets 1. He will return (yesterday, soon) 2. Please, come (there, in 3. I like the novels much. (very, little)...

English, 5 months ago