Dear Friends,
I have a query in respect of admission of partners in existing partnership.
Can the trustees of a trust join an existing partnership firm in the capacity of trustees of the trust?
Regards
Vishwakarma
vishwakarma (legal manager) 23 November 2009
Dear Friends,
I have a query in respect of admission of partners in existing partnership.
Can the trustees of a trust join an existing partnership firm in the capacity of trustees of the trust?
Regards
Vishwakarma
Devajyoti Barman (Advocate) 23 November 2009
The trustee can become a partner of a partnership firm if the trust deed entrust him to do so. All the agreements executed by the tustee in its official capacity is purely guided by the direction of the trust and its objective.
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