While the professionals were called the working partners, Kesar Singh and his sons were known as the owner partners. All investment into the business by way of purchase of shops, warehouses and other assets was done by the owner partners. The Dhingras were paid rent by the business for the properties used in the business. The working capital required for day-to-day operations, including stock and inventory, was also provided by the owner partners and interest was paid to them by the business for the funds loaned. The profits, after netting off all the costs, were shared between the working and
...more
