Dormant partner


Also found in: Dictionary.

DORMANT PARTNER. One who is a participant in the profits of a firm, but his name being concealed, his interest is not apparent. See Partners,

Mentioned in ?
References in periodicals archive ?
Acharya said most of the questions today related to acquisition of property by the companies of which she was a "dormant partner and was not related to the day-to-day activities.
Jaya answers questions in negative in Bangalore court
Q: My brother is running an export firm in India in which I am a dormant partner along with my wife.
GST and exporters: What's the real score?
I am a dormant partner in a firm which is member of a stock exchange.
NRI PROBLEMS
For the return of income which was filed by the partnership firm in which I have been a dormant partner for many years, the assessment was completed one year ago.
With the general elections being round the corner, is there any move to regulate funding of political parties by corporate bodies?

Legal browser ?
Full browser ?