LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

N.K.Assumi (Advocate)     11 March 2010

One of the Partner was Chief Managing Director cum Chairman:

In a partnership Firm one of the partner was acting as the Chief managing Director Cum Chairman of the Partnership firm. The said partner who was the CMD cum Chairman of the partnership firm retired from the Partnership. Does his retirement from the partnership automatically absolved him of all the responsibilities, duties and liabilities of the Partnership firm as Chief Managing Director cum Chairman of the Partnership?



Learning

 1 Replies

Gundlapallis (Advocate)     12 March 2010

Why not?


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register