Retiement of a Partners
Meaning - A partner has the right of retiring from the firm by giving suitable notice. Modes or ways of Retirement - According to the provisions of Section 32 of the Indian Partnership Act,1932 a partner may retire: (i) with the consent of all the other partners; (अन्य सभी भागीदारों की सहमति से) (ii) by the virtue of an express agreement between the partners (भागीदारों के बीच एक स्पष्ट समझौते के आधार पर) (iii) in the case of a partnership at will by giving notice in writing to all other partners of his intention to retire. (वसीयत में साझेदारी के मामले में अन्य सभी भागीदारों को सेवानिवृत्ति के अपने इरादे की लिखित सूचना देकर।) Position of Retirement - The liability of a retiring partner may be discussed as under: (1) A retirement partner remains liable to the creditors for the acts of the firm done before and up to the date of his retirement. (एक सेवानिवृत्ति भागीदार अपनी सेवानिवृत्ति की तिथि से पहले और बाद तक किए गए फर्म के कार्यों के ल...