if the partnership Deed does not specify the rate of interest chargeable on Drawings will the interest still be charged ? If yes at what rate ? If not

Question

if the partnership Deed does not specify the rate of interest chargeable on Drawings will the interest still be charged ? If yes at what rate ? If not

if the partnership Deed does not specify the rate of interest chargeable on Drawings will the interest still be charged ? If yes at what rate ? If not why ?

Monjur Alahi

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2025-01-04 04:42

1 Answers

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

No interest on drawings would be charged from partners.

5 views Answered 2023-02-05 15:29