When a partnership firm’s later deed doesn’t mention the date of the original deed, is it still linked to the first one? Which Indian law governs this connection?
1 Answers
Best Answer
Yes, even without explicitly mentioning the date of the original deed, the later deed is linked to the first one under Indian Partnership Act, 1932. This connection is established through the principle of “continuation of the firm” where subsequent deeds are considered amendments or modifications to the original partnership agreement.
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