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प्रश्न
Answer in one sentence only.
What is meant by Reconstitution of partnership ?
एक पंक्ति में उत्तर
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उत्तर १
Reconstitution of partnership refers to a change in the existing relationship of partners due to a change in the existing agreement between them. It may be due to the change in profit sharing ratio, on the eve of admission of a new partner, retirement or death of an existing partner.
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उत्तर २
Reconstitution of partnership means a change in the relationship between/among partners and in the form of partnership.
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