Partnership - deceased partner

R N Balaage (Querist) 24 January 2015 This query is : Resolved
Dear All good morning,
One of our Client Firm, there are two partners( A & B). last month 3rd week of December 2014 one partner Mr A. deceased. 4 legel persons are there ( C, D, E & F).
now my Doubt is
Old Partnership firm still now business operating.
1. Any Due date is there for legal heirs enter into partnership deed, if yes means, Section number?
2. Stamp Paper Purchased 4th week of Jan 2015, therefore, when New Legal heirs enter i.e., Date of deceased partner or Today date.
thanks & Regards
RNB

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ADV-JEEVAN PATIL, MUMBAI (Expert) 24 January 2015
Any date prior to 6 months of validity of stamp p�per

Rajendra K Goyal (Expert) 24 January 2015
Partnership comes to an end if any partner expires. If firm want to continue with the legal heirs, preferably new partnership deed be executed and registered.

Partnership can be from date of expiry of the partner.

kavksatyanarayana (Expert) 24 January 2015
I agree with the answer of sri Rajendra k goyal.

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