Types of Partners in the Partnership firm under the Partnership Act.
(1) introduction: In a partnership, two or more people join together with the business idea, and they agree to share the profit and loss from the firm business. As per the understanding and the nature of partnership business,…
Read more »What is the main difference between Judicial custody and Police custody Under CrPC?
1. Introduction: Police custody and judicial custody, you must have been familiar with these words lots of times in the news channel or the daily newspaper. Most of us think both of these are the same, but let…
Read more »Why does a firm seek reconstitution of partnership? (know the Modes, Types with FAQ)
(1) Introduction: For a secure living, sometimes people come to form a partnership firm. The main reason behind this is they like their own rules and even seek to be completely independent. But whatever they do to run…
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