if the partnership Deed does not specify the rate of interest chargeable on Drawings will the interest still be charged ? If yes at what rate ? If not why ?
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The clouds consist of charged particles of water dispersed in air.Some of them are +vely charged, others are -vely charged.When +vely charged clouds c
Correct Answer - A `AgNO_3("excess")+KItoAgloverset(+AgNO_3("remaining"))to Agl//Ag`
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Atal and lal are partners in a firm , they do not have partnership Deed ,what shall be the position in the following cases ? (i) atal devotes more tim
In the absence of partnership Deed , provisions of the indian partnership At 1932 shall apply to settle the disputes : (i) Salary is not payable to any parther ,...
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A partner draws Rs. 10.000 per month under the pernership Deed interest on drwings is to be charged @ 15 % p.a Calculate interest if the if the drwawi
interest in the three situations will be : (i) total Drawings in the =Rs. 1.20.00 Rate of interest = 15 % p,a interest n drawings `=(rs. 1.20.000xx15)/(100)xx(6^(1/(2))/(12)=Rs.9.750.` * Average period...
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Rajesh and prabhu entered into parnership to start a firm namely M/s R.P Enterpieses by writing a partnership Deed. Rajesh invests more capital than a
Rajesh shall be paid share in profit as per the partship Deed .
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Ved intends to retire from the firm and desiries that his son Dev be inducted as a partner in his place , partnership Deed Does not have a clause in t
Dev can be inducted as a partner if and only if all partners agree .
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the partnership Deed does not provide for charging interest on drawing therefore , the provisions of the indian partnersip Act 1932 apply whereby inte
the partnership Deed should be amended to incorrate the clarge interest on drawings it is only then that the interest on drawings can be charged.
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pratibha partner of a firm has advanced loan to the firm of Rs, 1,00,000 the firm does not have a paranership Deed will pratibha get interest on the i
Yes, In the absence of Partnership Deed, a partner receive interest on loan @ 6% p.a.
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state the provisions of pernership Act 1932 in the absence of a partnership Deed regarading (i) interest on partners Drawings and (ii) interest on Adv
1) Interest on drawings : No interest on drawings would be charged from partners. 2) Interest on Advances other than capital : If a partner has provided any Loan to the...
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The clouds consist of charged particles of water dispersed in air. Some of them are +vely charged, other are -vely charged. When +vely charged clouds
Correct Answer - A `AgNO_(3)("excess")+KI rarr Agl overset(+AgNO_(3) ("remaining"))(rarr)AgI//Ag^(+)`
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Partnership at will, Partnership for a particular period, Limited Liability Partnership, Partnership for a particular venture.
Limited Liability Partnership
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