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Alok Kumar (Administrative officer)     16 October 2019

partnership firm own property

A firm own a property through partnerships firms. Now one partner retire from firm. My question is;
1. Does they excute the release deed from retiring partners to current working partners.
2. what the calculation is stamp duty. Is it comes under the relinquishment deed.

Please guide.

Thanks & Regards


 1 Replies

Shashi Dhara   17 October 2019

Yes he can relinquish his rights and retire but it shud be registered

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