In order to start a partnership firm, all the partners need to sign a partnership deed. Partners running the business are solely responsible for the profits & losses of the firm. Therefore, the partners have unlimited liability. Registration is not mandatory for the partnership firms. It has ...
dissolution of partnership dissolution of partnership firm registration of partnership deed: all the rights and responsibilities of each member are recorded in a document known as a partnership deed. this deed can be oral or written; however, an oral agreement is of no use when the firm has to...
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