Rights Of Partner In A Partnership Firm

What Are The Rights Of A Partner In A Partnership Firm?
Posted 10 months ago  |    0  | 
Corporate Law,General Legal
Corporate Law General Legal

1 Answer(s)

Vishal Kumar Thakur
Advocate

The following are the rights of a partner:

1.To take part in the business.

2. To share the profit or loss of the business.

3. To inspect and make copies of the books of the firm.

4. To receive remuneration for taking part in the business if specified in the partnership deed.

5. To receive interest on capital if specified in the partnership deed.

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