Please Help: firm Constitution
Posted Date : 26-Jan-2012 , 02:56:57 pm | Posted By: Pinal
Category :
Accounts | Answers :
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Comments :
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M/s A & associates in which Mr.A & B is partner and M/S. B & Associates in which Mr. A & Mr. B is a partner............
can this type of partnership is valid.??????? |
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Answers:
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 Answer by: Rishabh Upadhyay |
| Technically there do not seem to be any problem in this case as partnership firm is different than its partners. How ever i do not see any relevency in forming this kind of an arrangement.
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| Answer by: Ketan Samdani |
| No problem as such. But no need to form firm like this as it is not having any difference among them.
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| Comments |
| Posted By : Lavina Bajaj |
26-Jan-2012, 07:53:08 |
| i'll also agree with Mr. Upadhyay... there is no restriction in this kind of formation but practically it wont benefit the firm and the partners. |
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