Detailed explanation on CBSE Class 12 Accountancy Chapter: Retirement of a Partner video lecture for Term Exam Preparation, which is designed by CBSE Expert Teachers of Brilliant Qatar. Students who are looking for a better solution to understand & revise the complete syllabus can go through this video to score more marks in their examinations.

Retirement of a partner means ceasing to be a partner of the firm. A partner may retire (i) if there is an agreement of this effect (ii) all partners give consent (iii) At will by giving written notice