Reconstitiution of Partnership firms: Admission, Retirement and Death of a partner

The partnership is an agreement between two or more persons for sharing the profits of a business carried on by all or any one of …

Employment letters

The purpose of an employment letter depends on whether you’re receiving it or giving it. A business owner who sends an employment letter to the …

Limited Liability partnership Act 2008

Limited Liability Partnership

Online Auctions

An online auction is a service in which auction users or participants sell or bid for products or services via the Internet. Virtual auctions facilitate …

Formation of Sales Contract, Essentials, Formation

Formation of Sales Contract, Essentials, Formation

Contents of sale contract: Goods, Price, Condition and Warranty

Goods There must be some goods as a subject-matter. Goods must be one which is defined as goods in Sec. 2(7) of the Sale of Goods …

Ownership of Goods and Transfer

Ownership of Goods and Transfer

Auction Sale

Auction Sale

Partnership Deed

A partnership is a unique form of business in which partners work together to achieve common goals. Due to this feature of partnerships, partners are …

Mutual and Third parties Relation of Partners

Sections 18 to 22 of the Indian Partnership Act, 1932, offer details of different scenarios under which partners can have different relations with a third …

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