Advertisements
Advertisements
Question
What is a partnership deed?
Short Answer
Advertisements
Solution
A partnership deed is a document in writing that contains the terms of the agreement among the partners. It is not compulsory for a partnership to have a partnership deed as per the Indian Partnership Act, 1932. But it is desirable to have a partnership deed, as it serves as evidence of the terms of the agreement among the partners.
shaalaa.com
Is there an error in this question or solution?
