Concept of Company as a Partner A company is an artificial legal person created under the Companies Act, 2013, having a separate legal entity distinct […]
Tag: partnership act 1932
41. Consequences of Non Registration of a Firm
Meaning and Legal Provision Under the Indian Partnership Act, 1932, the registration of a partnership firm is not compulsory, but Section 69 clearly provides the […]
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 […]
14. Sleeping Partner.
Meaning of Sleeping Partner A sleeping partner is a type of partner in a partnership firm who contributes capital and shares profits and losses but […]