Beruflich Dokumente
Kultur Dokumente
Presented to :
Miss Mudassira Aziz
By:
Omer Murad Ali (2092073)
Sajjad Hussain (2092015)
Salman Mushtaque (2092066)
Wahab Zahid (2092121)
Introduction
Definition
Example
Types
Characteristics
Legal Entity
Agreement
Number of Partners
Capital
Management
Control
Duration
Advantages
Easy Formation
Capital
Profit Sharing
Public Relations
Decision Making
Sharing of Risk
Possibility of Expansion
Easy Dissolution
Disadvantages
Unlimited liability
Risk of Dissolution
Limited Resources
Lack of Authority
Lack of Harmony
Lack of Secrecy
Possibility of Fraud
Submission
Certificate
Change of Particulars
Kind of Partners
Active Partners
Sleeping Partners
Senior Partners
Junior Partners
Secret Partners
Minor Partners
Rights of Partners
Duties of Partners
Duty
Duty
Duty
Duty
Duty
Duty
Duty
to carry on Business
to Render Accounts
to be Just and Faithful
to share losses
not to transfer rights
to indemnify
to use Firms Property for Firm
Reconstitution of Firm
Admission of Partner
Retirement of Partner
Expulsion of Partner
Death of Partner
Dissolution by Agreement
Compulsory Dissolution
Contingent Dissolution
Dissolution by Notice
Dissolution by Court
Thank you