Forcing me to pay for his (Partner) losses Forcing me to pay for his (Partner) losses

5 years ago

I and my partner started a business and we went delhi to pay a person money for starting our business, i paid him Rs. - 70,000 and he paid him 65,000. from his hand to that person hand, after that he never helped or showed interest in business. In result i backed from the business, later he starting braging i want my money back, you pay me Rs. 65,000. he bought 1 police man and now they are calling me to police station. do i have to pay him please answer me

Deepak Yashwantrao Bade

Responded 4 years ago

A.dear client in your matter In general cases, partnership deed is the governing agreement between the partners. The partnership deed covers the duties and responsibilities of the partners. Please share across the deed for a further advice.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

NILANJAN CHATTERJEE

Responded 5 years ago

A.Do you have any agreement of partnership between you both? Specify that.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconAgreement related
Dear sir You have to deal property matter very carefully otherwise if possession is given there will be no chances of getting back the property.
question iconCREDIT CARD USE FOR BUSINESS EXPENSE
Dear client, While it's technically possible to use your personal credit card to pay the electricity bill for your manufacturing firm, it's not generally advisable. Using personal funds or credit car...
question iconPIP
Dear Client, Unless a condition is stipulated in the contract of employment authorizing an employer to waive a notice period or pay in lieu of notice, you cannot waive a notice period of an employee w...
question iconMarry help
Dear Client, Marriage between a couple having a prohibited degree of relationship is illegal and void both under the Hindu Marriage Act, 1955 and the Special Marriage Act, 1954. There may, however, b...
question iconPartnership deed
Dear Client, The ability to cancel or amend a partnership deed with the same individuals but under different terms and conditions may depend on the specific clauses outlined in your existing partnersh...