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प्रश्न
What is the meaning of Partnership Deed?
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उत्तर
Through a partnership agreement need not necessarily be in writing, it is important to have a written agreement in order to avoid misunderstandings; it is desirable to have a written agreement. A carefully drafted partnership deed helps in ironing out differences that may develop among partners and in ensuring the smooth running of the partnership business. It should be properly stamped and registered.
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संबंधित प्रश्न
Partnership Deed is an _____ of Partnership.
When Partnership Deed is silent, Partners share profits of the firm according to capital ratio.
In the absence of partnership deed, a partner is entitled to an interest on the amount of additional capital advanced by him to the firm at a rate of ______.
Consider the following statement.
Statement 1: "Partner is entitled to claim any interest on the amount of capital contributed by him in the firm as a matter of right".
Statement 2: "Interest can be allowed when it is expressly agreed to by the partners".
Mohan and Sham are partners in a firm. State whether the claim is valid if the partnership agreement is silent in the following matters:
"Mohan has contributed Rs. 20.000 and Shyam Rs. 50.000 as capital. Mohan wants an equal share in profits."
According to the Partnership Act, the relation of partnership arises from ______ and not from status.
The partner who provides capital and shares profit and loss in the partnership business but does not take an active part in the management is known as ______.
Which of the following is ont considered a tool for formative assessment?
When there is no partnership agreement between partners, the division of Profits takes place in ______ ratio.
When there is no partnership agreement between partners, the division of Profits takes place in ______ ratio.
