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Nagesh (private empolyment)     07 September 2023

Rights of the legal heirs of deceased partner

 

Death learned counsels, 

A Partnership Firm consisting of 2 Partners is the owner of an immovable property (building). One of the Partner dies and his wife is admitted as a New Partner by executing a Reconstituted Deed.

Subsequenlty the Partnership Firm reprepresented by the  continuing and the newly  admitted partner, sells the property (building). 

The Geneological Tree of the deceased Partner discloses that he has a Daughter.(Major in age.)

My question is, whether the daughter of the deceased partner is entitled to a share in the firm's property, hitherto held by her deceased father. or since the her mother is admitted as new partner settles the issue.

The Partnership Firm is a  "AT WILL".

thanks in advance.

Nagesh



Learning

 2 Replies

Dr. J C Vashista (Advocate )     08 September 2023

The partnership firm continued with "mother" (wife of deceased partner) accordingly his daughter do not have any right, claim, share or interest in the firm in succession of her father.

Nagesh (private empolyment)     08 September 2023

Thank you for your replay Sir


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