A Partnership is a venture between two or more partners. If there are only two partners, the firm dissolves upon the death of one partner. Similarly, resignation, lunacy, or insolvency of a partner can also lead to dissolution. Other factors may also necessitate dissolution.
Compared to an LLP, dissolving a partnership firm is simpler and more straightforward. It can be done by executing a dissolution deed.
ROC Tirupati is a leading business platform offering end-to-end incorporation, compliance, advisory, and management consultancy services in India and abroad. Dissolving a Partnership Firm is seamless, affordable, and quick with ROC Tirupati! We also assist with various related compliances.
For a free consultation, call us at +91 72074 46677 or email kbharathca@gmail.com!