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Can anyone explain section 3A?


Nikhil Vasanth

Nikhil Vasanth

CA Final

4K+

20-Apr-22 12:21

486

Answers (8)

Best Answer

Pandusml V

End of 6 months

See this once

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What have you not understood in Sec 3A


Sudha Reddy

Sudha Reddy

CA Final

20K+

20-Apr-22 12:41

If number of members < minimum number prescribed by Act Then if business run for more than 6 months like that , then all those members who run such business for more than 6 months are severally liable for total debts taken during that time


Sudha Reddy

Sudha Reddy

CA Final

20K+

20-Apr-22 12:45

Sudha Reddy

If number of members < minimum number prescribed by Act Then if business run for more than 6 months like that , then all those members who run such business for more than 6 months are severally liable for total debts taken during that time

Here liability time will start from beginning of 6m or at the end of 6 months ?


Thread Starter

Nikhil Vasanth

Nikhil Vasanth

CA Final

4K+

20-Apr-22 15:07

Thread Starter

Nikhil Vasanth

Here liability time will start from beginning of 6m or at the end of 6 months ?

Starting from when the member so decreased


Devendra Singh Chundawat

Devendra Singh Chundawat

CA Inter

945

20-Apr-22 17:09

Pandusml V

See this once

Ok understood after 6 months


Devendra Singh Chundawat

Devendra Singh Chundawat

CA Inter

945

20-Apr-22 17:26

Pandusml V

See this once

Thank you


Thread Starter

Nikhil Vasanth

Nikhil Vasanth

CA Final

4K+

20-Apr-22 19:29

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