Question
As per the Indian Partnership Act where a firm
constituted for a fixed term continues to carry on business after the expiry of that term, the mutual rights and duties of the partners remain the same as they were before the expiry, so far as they may be consistent with the incidents of partnership at will. This provision is designed to ______________Solution
Preserve the existing rights and duties of partners after the fixed term, Explanation: Section 17Â (b) where a firm constituted for a fixed term continues to carry on business after the expiry of that term, the mutual rights and duties of the partners remain the same as they were before the expiry, so far as they may be consistent with the incidents of partnership at will.
Gupta inscriptions suggest that there were small kingdoms of Nag clans in north India (especially Garhwal), which Gupta king ruled over Nag Chieftains?
In which location are the 'Monolithic Rathas' found?
What does M.R.I. stand for?
All expenses represent an outflow of cash during the accounting period.
What is the new UPI transaction limit for tax payments as of 2024?
Which type of forests are characterized by distinct layers, including a canopy and underbrush?
When kept in air for some time, a layer of green colored basic carbonate forms on the metal, that metal is ___________________ .
Which of the following is not an objective of the monetary policy
Recently the central bank of a country has issued regulation banning cryptocurrencies for payment. The name of the country is
What is the program that translates source code into object code called?
