Retirement and admission of partners Are to be done in the same deed but the Registrar of Firms informed that seperate deed must be prepared as per Madras high court order Is there any case law available.?
Partnership
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Separate Deeds Needed for Partner Changes in Firms; Follow Registrar's Directive with Required Documentation for Name Change. A user inquired about the requirement for separate deeds for the retirement and admission of partners in a firm, referencing a directive from the Registrar of Firms based on a Madras High Court order. In response, it was advised that to change the firm's name, one must provide a duly attested previous partnership deed, a new partnership deed on stamp paper, ID and residential proof, passport-sized photographs of all partners, and incorporation certificates. (AI Summary)
TaxTMI
TaxTMI