Execution of a fresh deed of partnership.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... in para 3 thereof are likely to be misunderstood so as to insist on the execution of a fresh deed of partnership specifying shares in losses of all the partners including the one who elected to become the partner on attaining majority during the relevant previous year, even though the original deed of the partnership stipulated the shares in losses of the adult partners and left no part of the los .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TO should satisfy himself on the basis of either an affidavit of the partner who attained majority or his statement on oath that he is not sharing in losses and that the shares in profits and losses as specified in the instrument of partnership admitting him to the benefits of the partnership earlier remained unchanged. - Circular - Trade Notice - Public Notice - Instructions - Office orders Ta .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X