1. RECONSTITUTION
OF THE FIRM

2. Any change in the
existing partnership
agreement is said to
reconstitution of the firm.

3. Reconstitution of the
partnership can take place
on the following occasion

4. • CHANGE IN THE PROFIT
SHARING RATIO OF THE
EXISTING PARTNERS

5. ADMISSION OF A NEW
PARTNER.

6. RETIREMENT OF AN
EXISTING PARTNER

7. DEATH OF A PARTNER

8. AMALGAMATION OF
TWO PARTNERSHIP
FIRMS