Question

state any two occasions which reconstitution of the partnership firm take place
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Answer 1

Answer:

HERE IS YOUR ANS BUDDY

Explanation:

Reconstitution of partnership takes place when there is any change in the partnership i.e. business, profit sharing ratio, office address etc. signed in the existing deed. These changes can be constituted in the existing partnership by drafting supplementary deed with proper franking and notarization on the same.

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