FIRM-PARTNER-PARTNERSHIP-2(23)

 FIRM, PARTNER & PARTNERSHIP 2(23)

Definition

(i) “Firm” shall have the meaning assigned to it in the Indian Partnership Act, 1932 (9 of 1932), and shall include a limited liability partnership as defined in the Limited Liability Partnership Act, 2008 (6 of 2009);

(ii) “Partner” shall have the meaning assigned to it in the Indian Partnership Act, 1932 (9 of 1932), and shall include,—

    (a)  any person who, being a minor, has been admitted to the benefits of partnership; and

    (b)  a partner of a limited liability partnership as defined in the Limited Liability Partnership Act, 2008 (6 of 2009);

(iii) “Partnership” shall have the meaning assigned to it in the Indian Partnership Act, 1932 (9 of 1932), and shall include a limited liability partnership16 as defined in the Limited Liability Partnership Act, 2008 (6 of 2009);]

 

Comments

comments

SREENU .T
 

Click Here to Leave a Comment Below 0 comments