What if a partner in a partnership firm goes to another country to set up his new business. Is he still partner or does he hold any rights in the partnership?

What if a partner in a partnership firm goes to another country to set up his new business. Is he still partner or does he hold any rights in the partnership?

Unless until the partner resigns or gets retired he / she always remains partner. You need to modify the deed if the other partner wish to resign from the firm or get his / her resignation from firm. His / her rights remain in the business till he / she is a partner.


Visit HireCA.com Now