According to Sec. 12(d), every partner has a right to have access to and to inspect and copy any books of the firm. This right is available to both active and dormant partners. A partner could exercise this right either personally or by engaging an agent for the purpose.
Every partner has to right to inspect the books to know what is happening in both his absence and presence. This right is not only in respect of books of accounts but in respect of any books of the firm. Checking the books helps him to figure out the condition of the business, this helps the partners to ascertain the growth as well as the annual profit and loss statements. In case of any theft by the employee due to the checking of accounts it’s easy to find out the same. If you want to be a judicial officer and are looking for RJS coaching in Jaipur, here, at Jyoti Judiciary we provide comprehensive study material to make your preparation solidified and topnotch. From preliminary mock tests, to mains answer writing sessions every material required for clearing the exam is provided. We have separate legal current affairs classes, legal general knowledge, current affairs classes all in one time enrolment. Hurry up.
