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Hanspal Singh (CA)     25 March 2013

Partnership deed

A Patnership Deed was entered between Karta of  "HUF" and 2 Individuals "A" & "B".(3 partners) Later on Individual "B" dies leaving only the HUF and Individual "A" as the remaining 2 partners Is this partnership valid in law .  

 

Also if Karta of "HUF" is "A" only,  will such partnership be valid in law? (i.e.  Karta and the indivuals as partners are "A")   Please reply!!  

 



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