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Q. business advise

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Anonymous

posted 1 year ago

Q.business advise
sir we are three partners in a company and one of our partner is died . at present company have a loss of approx 90,00,000. wife of died partner wants to join company but she want security for not paying these loss . how she can enter in deed ?

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Rajender Prasad

Experience: 5 Year(s)

Responded 9 months ago

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A. ) Dearclient, it is will of the partner, there is no suchalternative available in law. However,For details, contact some advocate through vidhikarya.com

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Deepak Yashwantrao Bade

Experience: 9 Year(s)

Responded 1 year ago

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A. ) Whether your company is pvt ltd? Or you have Partnership firm ? Kindly contact with best corporate lawyer for resolution

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Ambrose Leo

Experience: 9 Year(s)

Responded 1 year ago

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A. ) Parnership will be disloved on death of a parner. secondly is it a private company or partnership firm.Loss has be shared by the remaining parner as per the deed of partnership,better to consult a Corporate Professional Lawyer through the panel of Vidhikarya for guidance & help on all aspects of the issue quickly.

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ROBERT D ROZARIO

Experience: 15 Year(s)

Responded 1 year ago

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A. ) Engage a corporate lawyer for drafting. I am little confused from your writing - partner and company???? how's that possible.

Partners are either in LLP or partnership firm
Directors are in company (pvt or public)

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T B L Murthy

Experience: 5 Year(s)

Responded 1 year ago

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A. ) You can enter the said fact in the deed through which you wish to bring her into the firm. But that is not a complete shield as a third person having dues payable by your firm can institute a suit even against her but she can take the defence that others are liable and not she.

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Anonymous

Replied 1 year ago

actually she want to secure her claim money .so what clause we can add in deed ?

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Prabhakara S K Shetty

Experience: 19 Year(s)

Responded 1 year ago

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A. ) This is a task you better not try to draft by yourself , just ask her to get it done by her advocate.

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