Meaning of Registration of a Firm The Registration of a Firm refers to the process of formally recording the existence of a partnership under the […]
Tag: partnership law
31. Partnership at Will.
Meaning of Partnership at Will A Partnership at Will is a form of partnership where no specific duration of the partnership is fixed, nor is […]
22. Reconstitution of Firm.
Meaning of Reconstitution of Firm Reconstitution of a partnership firm takes place when there is a change in the existing agreement among partners without dissolving […]
7. Dissolution of Partnership
Meaning of Dissolution of Partnership Under the Indian Partnership Act, 1932, Section 39 defines dissolution of partnership as the termination of the relationship among partners […]
6. Dormant Partner
Meaning of Dormant Partner A Dormant Partner, also called a Sleeping Partner, is one who invests capital in the firm but does not take part […]