Provisions in the absence of partnership deed
graph TD;
style A fill:#f9f,stroke:#333,stroke-width:2px;
style B fill:#ffcc99,stroke:#f66,stroke-width:2px;
style C fill:#ffcc99,stroke:#f66,stroke-width:2px;
style D fill:#99ff99,stroke:#339933,stroke-width:2px;
style E fill:#99ff99,stroke:#339933,stroke-width:2px;
style F fill:#cc99ff,stroke:#663399,stroke-width:2px;
style G fill:#cc99ff,stroke:#663399,stroke-width:2px;
style H fill:#99ccff,stroke:#336699,stroke-width:2px;
style I fill:#99ccff,stroke:#336699,stroke-width:2px;
style J fill:#ffff99,stroke:#999933,stroke-width:2px;
style K fill:#ffff99,stroke:#999933,stroke-width:2px;
style L fill:#ff9999,stroke:#993333,stroke-width:2px;
style M fill:#ff9999,stroke:#993333,stroke-width:2px;
style N fill:#99ffff,stroke:#339999,stroke-width:2px;
style O fill:#99ffff,stroke:#339999,stroke-width:2px;
A["Provisions in Absence of Partnership Deed"]
B["Interest on loan by partner"]
C["6% Per Annum"]
D["Profit Sharing Ratio"]
E["Equal"]
F["Interest on capital"]
G["Nil"]
H["Interest on drawings"]
I["Nil"]
J["Salary to partner"]
K["Nil"]
L["Interest on loan by firm to partner"]
M["Nil"]
N["Admission of new partner"]
O["Only with consent of all partners"]
A --> B
B --> C
A --> D
D --> E
A --> F
F --> G
A --> H
H --> I
A --> J
J --> K
A --> L
L --> M
A --> N
N --> O
graph TD;
A[Provisions in Absence of Partnership Deed] --> B{Interest on loan by partner}
B --> C{6% Per Annum}
A --> D[Profit Sharing Ratio]
D --> E{Equal}
A --> F[Interest on capital]
F --> G{Nil}
A --> H[Interest on drawings]
H --> I{Nil}
A --> J[Salary to partner]
J --> K{Nil}
A --> L[Interest on loan by firm to partner]
L --> M{Nil}
A --> N[Admission of new partner]
N --> O{Only with consent of all partners}
graph TD;
style A fill:#f9f,stroke:#333,stroke-width:2px;
style B fill:#ffcc99,stroke:#f66,stroke-width:2px;
style C fill:#ffcc99,stroke:#f66,stroke-width:2px;
style D fill:#99ff99,stroke:#339933,stroke-width:2px;
style E fill:#99ff99,stroke:#339933,stroke-width:2px;
style F fill:#cc99ff,stroke:#663399,stroke-width:2px;
style G fill:#cc99ff,stroke:#663399,stroke-width:2px;
style H fill:#99ccff,stroke:#336699,stroke-width:2px;
style I fill:#99ccff,stroke:#336699,stroke-width:2px;
style J fill:#ffff99,stroke:#999933,stroke-width:2px;
style K fill:#ffff99,stroke:#999933,stroke-width:2px;
style L fill:#ff9999,stroke:#993333,stroke-width:2px;
style M fill:#ff9999,stroke:#993333,stroke-width:2px;
style N fill:#99ffff,stroke:#339999,stroke-width:2px;
style O fill:#99ffff,stroke:#339999,stroke-width:2px;
A["Provisions in Absence of Partnership Deed"]
B["Interest on loan by partner"]
C["6% Per Annum"]
D["Profit Sharing Ratio"]
E["Equal"]
F["Interest on capital"]
G["Nil"]
H["Interest on drawings"]
I["Nil"]
J["Salary to partner"]
K["Nil"]
L["Interest on loan by firm to partner"]
M["Nil"]
N["Admission of new partner"]
O["Only with consent of all partners"]
A --> B
B --> C
A --> D
D --> E
A --> F
F --> G
A --> H
H --> I
A --> J
J --> K
A --> L
L --> M
A --> N
N --> O
%% Adjusting node sizes
style A max-width:150px, max-height:50px;
style B max-width:150px, max-height:50px;
style C max-width:150px, max-height:50px;
style D max-width:150px, max-height:50px;
style E max-width:150px, max-height:50px;
style F max-width:150px, max-height:50px;
style G max-width:150px, max-height:50px;
style H max-width:150px, max-height:50px;
style I max-width:150px, max-height:50px;
style J max-width:150px, max-height:50px;
style K max-width:150px, max-height:50px;
style L max-width:150px, max-height:50px;
style M max-width:150px, max-height:50px;
style N max-width:150px, max-height:50px;
style O max-width:150px, max-height:50px;
This diagram illustrates the provisions in the absence of a partnership deed:
graph LR;
style A fill:#f9f,stroke:#333,stroke-width:2px;
style B fill:#ffcc99,stroke:#f66,stroke-width:2px;
style C fill:#ffcc99,stroke:#f66,stroke-width:2px;
style D fill:#99ff99,stroke:#339933,stroke-width:2px;
style E fill:#99ff99,stroke:#339933,stroke-width:2px;
style F fill:#cc99ff,stroke:#663399,stroke-width:2px;
style G fill:#cc99ff,stroke:#663399,stroke-width:2px;
style H fill:#99ccff,stroke:#336699,stroke-width:2px;
style I fill:#99ccff,stroke:#336699,stroke-width:2px;
style J fill:#ffff99,stroke:#999933,stroke-width:2px;
style K fill:#ffff99,stroke:#999933,stroke-width:2px;
style L fill:#ff9999,stroke:#993333,stroke-width:2px;
style M fill:#ff9999,stroke:#993333,stroke-width:2px;
style N fill:#99ffff,stroke:#339999,stroke-width:2px;
style O fill:#99ffff,stroke:#339999,stroke-width:2px;
A["Provisions in Absence\nof Partnership Deed"]
B["Interest on loan\nby partner"]
C["6% Per Annum"]
D["Profit Sharing Ratio"]
E["Equal"]
F["Interest on capital"]
G["Nil"]
H["Interest on drawings"]
I["Nil"]
J["Salary to partner"]
K["Nil"]
L["Interest on loan\nby firm to partner"]
M["Nil"]
N["Admission of new partner"]
O["Only with consent\nof all partners"]
A --> B
B --> C
A --> D
D --> E
A --> F
F --> G
A --> H
H --> I
A --> J
J --> K
A --> L
L --> M
A --> N
N --> O
Watermark Text