LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Soumya Laha   25 June 2021

Drug license to start a pharmacy unit in a nursing home (par

A Nursing Home is running as a partnership firm by two partners. The 'nature of business' in the deed states

"That the firm shall be carrying on and continue the business of nursing home. The business may however, be extended to any other new line or lines of business venture or undertaking as may be mutually agreed upon from time to time by the partners and all such activities shall also be governed by this indenture of partnership."

Can the partners apply for Drug license of New Pharmacy Unit of nursing home in same same premises with the same partnership deed OR they need to form a new partnership deed for Medicine Shop ?

A Nursing home is running as a partnership firm by two partners. Can the partners apply for Drug license for new pharmacy unit of nursing home in same premises with the same Partnership deed or they need to form a new partnership deed for medicine shop ?

Read more at: https://www.caclubindia.com/experts/drug-license-to-start-a-pharmacy-unit-in-a-nursing-home-partnership--2845014.
A Nursing home is running as a partnership firm by two partners. Can the partners apply for Drug license for new pharmacy unit of nursing home in same premises with the same Partnership deed or they need to form a new partnership deed for medicine shop ?

Read more at: https://www.caclubindia.com/experts/drug-license-to-start-a-pharmacy-unit-in-a-nursing-home-partnership--2845014.asp
A Nursing home is running as a partnership firm by two partners. Can the partners apply for Drug license for new pharmacy unit of nursing home in same premises with the same Partnership deed or they need to form a new partnership deed for medicine shop ?

Read more at: https://www.caclubindia.com/experts/drug-license-to-start-a-pharmacy-unit-in-a-nursing-home-partnership--2845014.asp
A Nursing home is running as a partnership firm by two partners. Can the partners apply for Drug license for new pharmacy unit of nursing home in same premises with the same Partnership deed or they need to form a new partnership deed for medicine shop ?

Read more at: https://www.caclubindia.com/experts/drug-license-to-start-a-pharmacy-unit-in-a-nursing-home-partnership--2845014.asp


Learning

 3 Replies

CA Kanishka N. Jha   25 June 2021

no separate agreement is required. this deed sufficiently allows to extend firm's business in new lines of business.

Sunil Marathe   25 June 2021

separate agreement is not required.

Sajjad Abbas 5225-FSL/LLB/F17   25 June 2021

it is the extension of a existing business with the consent of both the partners and the nature of business is also same, in this case there is no need of a new agreement.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register