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Anonymous

Posted 6 days ago

We have a 4-5 years old LLP firm dealing in the services business, it is equally divided into two partners however within the complete tenure my partner has never given the account and finances clarit...

A. Just send him a legal notice asking for all details or visit the office and check all the records for yourself to know everything.
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Anonymous

Posted 1 month ago

I had been appointed as a Partner with a share of 3% with a provision to draw an amount of Rs. 60,000/- per month (in calculaton with 3%)in a Health care company in the month of January 2021, since th...

A. but you dont have any appointment letter or proof to prove that you were COO or partner.
Try legal notice first.

Advocate Ankur Goel
(Complete Law Shield) #YourLifeYourChoice
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Anonymous

Posted 2 months ago

A, B, C and D started a company and all are family members. A is the managing director and rest are permanent directors. After some years C and D are resigned from the company as directors but they a...

A. Hi,
Section 169 of the Companies Act, 2013 deals with the removal of director. The company needs to comply with this provision other wise company and its officer will attract penal provisions under The Companies Act, 2013.
No individual can himself decide to remove a director.

If you like my answer, please give a good rating.
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Anonymous

Posted 3 months ago

We are having registered partnerships firm dealing in selling layout plots .we we distribute plots amoung partners and close the firm .will we have to pay capital gains

A. Hi,
This depends on the terms mentioned in your AoA and MoA.
If you found this helpful, please rate us.
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Due to Covid, our partnership firm, which mainly dealt in food item distributorship faced huge amount of loss. There are two partners in the firm including myself sharing a 50:50 profit/loss ratio whi...

A. Dear Sir,
On the basis of records maintained by you like electronic evidence you may file a money recovery suit and teach him a lesson.

Rate me Five Star*
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Anonymous

Posted 4 months ago

I was to setup a new IT startup where I was initially considering a friend of mine as my partner, due to the reason that he will support me with few friends of his who will be doing some technical wor...

A. no
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Chaturbhuj Jaju Jaju

Posted 4 months ago

What is the value of Non-judicial stamp paper for a Partnership deed in Mumbai?

A. 500
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DIYAVARHUSSAIN  SHAIK
DIYAVARHUSSAIN SHAIK Experience: 22 Year(s) Hyderabad
Advocate  Anik
Advocate Anik Experience: 11 Year(s) Bangalore
Ayantika Mondal @ Prime Legal
Ayantika Mondal @ Prime Legal Experience: 12 Year(s) Bangalore
We have registry of land in 4 parts (different names) of a commercial land. The land parts are adjacent to each other. We want to construct a shopping complex and sell shops. What's the best way to do...

A. it happens most of time.
you can register partnership firm.
or you can go for joint development deed.


Hope this clarifies,
Advocate Ankur Goel (Complete Law Shield)
#YourLifeYourChoice
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Dear Experts, Requesting your suggestion on the following : State: Telangana. Agriculture land is purchased by A & B and together they have decided to start a firm and executed a partnership dee...

A. Hello,
Yes the previous partnership deed between the two partners A and B would be considered as void, since both of them cease to be partners. Also, once after the dissolution of such partnership there would be distribution of assets and liabilities of both the parties and then A may continue to run the business as a sole proprietor.
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We have a partnership registered in Maharashtra, there is some dispute with a partner. The partner is not giving me copy of partnership deed. So how can I get certified /duplicate copy of partnership...

A. Hello,
1. An application for certified copy
2. Non-judicial Stamp Paper of ₹ 10/-
These two documents are required for getting a certified copy, submit it in RoF office
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