Introduction There are some differences between the dissolution of a partnership and the dissolution of a partnership firm. But, people are confused while thinking about the dissolution of a partnership firm and the dissolution of a partnership because it looks like both have the same meaning. The dissolution of a partnership firm refers to the […]
Dissolution of Partnership Firm: Know the Process of Step by Step
Introduction Dissolution of a partnership firm is a process as the end of the relationship between the partners of the partnership firm by the dissolution of the partnership firm business- with the dissolution of a partnership firm, all relations between the partners are terminated with the firm, it is known as the dissolution of a […]
What is the Role of a Written Statement in a Civil Suit?
What is a written statement under order 8 of the CPC? The crucial role a written statement plays in a civil suit. It is a pleading filed by the defendant to the plant. It is a reply that the defendant files against the plaintiff’s suit with a specific denial of all allegations and grievances that […]
Know about the Modes of Reconstitution Of a Partnership Firm
What is the reconstitution of a partnership firm? We often notice that sometimes the partnership firms undergo changes or restructure. Most of these changes are related to specific conditions in the partnership firm, such as a new addition of a partner, retirement of an existing partner, changes in business terms among the existing partners of […]
What is Meant by Reconstitution of Partnership Firm
Reconstitution of Partnership Firm Reconstitution of a partnership refers to a typical change or restructuring of an existing partnership firm enterprise. That may change depending on some event, such as when a new partner enters the firm business, when an existing partner retires from the firm, or the death of the existing partner, etc. Due […]
Explain what is the Concept of Reconstitution of a Partnership Firm in Simple Terms
Reconstitution of a partnership firm Sometimes, the partnership firm needs to be restructured due to the reason behind the admission of a new partner, death of a partner, retirement of a partner, or partner’s wish to change terms between them, Etc. Thus, if the partnership goes to restructure, it is known as the reconstitution of […]
What Is The Importance Of Skill Development In Developing Countries?
Introduction Now, in this dynamic growth of the world, skill development plays a vital role, it is not assumed as a Narrow sense, but it has a broad sense. Skill development means not only acquiring any specific knowledge or abilities, but it helping individuals to create innovations and improve their personal and professional lives. In […]
Difference between Public Documents and Private Documents under the Evidence Act
Introduction Documents are divided into two parts public documents and private documents. Both categories look the same, but there is a difference between public documents and private documents in legal terms. As we refer to the provisions of the Indian Evidence Act, this law defines the concepts of public and private documents. In this article, […]
Know what is the role of education in human capital formation?
Introduction Human capital is defined as the evolving skills of an individual. Many human skills can be defined as human capital, such as gaining more knowledge, developing abilities, and much more which are developed via education. As we know every skill can be developed through proper education, and training, after getting that human can improve […]
Does a Cancelled Cheque Require a Signature on it?
Introduction Now in these days, financial transactions become more complicated, which is why there is a need to make them more flexible and easier. In these ways, the canclled cheque plays an important role in verifying bank account details for the purpose of activation of automatic debits from the customer account. Then, one common question […]










