Aman and Boman are partners in a firm without a Partnership Deed. Aman manages the business and thus, claims salary of ₹ 18,000 per month. State with reasons whether his claim is valid or not.
Aman and Boman are partners in a firm without a Partnership Deed. Aman manages the business and thus, claims a salary of ₹ 18,000 per month. State with reasons whether his claim is valid or not.
Anurag Pathak Changed status to publish April 9, 2023
Answer:-
Aman’s Claim is not valid as in the absence of a partnership Deed, salary to partners is guided by the Indian Partnership Act, of 1932. The Act does not allow the payment of salary to a partner.
Anurag Pathak Changed status to publish April 9, 2023
