Disadvantages of Partnership
Here we discuss about some main and important demerits or disadvantages of partnership. Following are the main disadvan…
Here we discuss about some main and important demerits or disadvantages of partnership. Following are the main disadvan…
There are many merits or advantages of partnership. We can throw light on main and important merits or advantages of pa…
Partnership Agreement or Partnership Deed :- In the Partnership agreement terms and conditions relating to partnersh…
Following are the important kinds or types of partners : 1. Active Partner :- A person who provides his share in ca…
According the partnership Act 1932 it is defined in the following words : " Partnership is the relation between…
CO-OWNERSHIP :- In the co-ownership property is owned jointly without any intention to carry on business. Example :…
We can distinguish between partnership and joint stock company by the following ways : 1. Formation :- Partnership :…
DUTIES OF THE PARTNERS Following are the important duties of the partner : 1. To be Sincere and Faithful :- Every…
ADMISSION OF A NEW PARTNER :- Following are the important conditions of admission : 1. Consent of Other Partners :-…
There are various kinds of business organization and each partner selects any one keeping in view his circumstances. An…
FORMS OF BUSINESS PARTNERSHIP UNDER ISLAMIC LAW :- There are four kinds of partnership in Islamic Law : 1. SHIRKAT-A…
Following are the important forms of partnership 1. Partnership for Fixed Period :- When the business partnership i…
The position of a minor in partnership firm and the provision, of law in this respect are given below: A minor canno…
Dissolution of Firm:- It must be noted at there are difference between dissolution of firm and dissolution of partne…
Memorandum Of Association :- It is the most important document because it defines the constitution of the company. Its…
We discuss about difference or distinction points between Limited partnership and Private limited company under these…
Registration of firm is not compulsory by law. But generally the firm seeks registration to avoid certain disabilities…
1. Formation:- Sole Proprietorship : It is easy ti form and simple to run. There is no legal formalities for the comme…