Question ID : 42179

Can Sole Proprietors Create a Partnership Firm ?

Two sole proprietors say A & B practices in their own proprietorship firms, they wants to create a partnership firm say XYZ. Can it is possible that both the partners practices in their own proprietorship firms and also in partnership firm XYZ ? Also please discuss whether in partnership firm counts experience of senior most partner.

posted by KAMAL KISHORE VERMA on Nov 25 2021 12:00AM