question_answer

Akshit, Aakash and Aman are partners. They do not have a partnership deed. Akshit and Aakash devoted full time to manage the business and therefore, they want salary @ Rs. 20,000 per month but Aman does not agree to it. Is the claim of Akshit and Aakash justified?

Answer:

No, the claim of Akshit and Aakash is not justified. Reason In the absence of partnership deed, salary/remuneration is not payable to any partner.