A partner must give a public notice of his retirement from the firm in order absolve himself from the liability for the acts of the other partners done after his retirement is known as

Related MCQs

• The liability of the partners will continue for the acts done before the dissolution, even after the dissolution, until
• A person who is not a partner of a Partnership Firm, but he may liable for firm’s debt as if he was a Partner. Such a person is called
• A new partner can be introduced as a partner into a firm-
• X, Y and Z are partners in a firm. X, without the authority of Y and Z buys certain shares in his name out of partnership money. These shares will constitute
• In the case of an adjourned meeting the company shall give not less than _____ notice to the members.
• Every LLP firm shall have at least _____________ designated partners who are individuals.
• Holders of public office should take decision solely in terms of the public interest. This principle of public life is called
• Public notice is not required when there is
• Holders of public office should not place themselves under any financial or other obligation to outside individuals or organizations that might influence them in the performance or their official duties. This principle of public life is called
• Theminimum number of designated partners in an LLP shall ____________________