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Anonymous

Hello sir/madam our shop is in Chamu, jaipur (Rajasthan) Anaj Mandi. There are three partners in this shop. My father's age is 80, his memory is also weak. My father wants to do that shop in my na

Posted 3 weeks ago


A. Dear Client,
Your father can make a gift deed in your favour and you will become the ultimate owner of the shop. The gift deed is possible when the shop is bought by your father in his name and not a ancestral property.
Thank You.
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Anonymous

girl cast is st and boy cast is obc can we get benfits of money from goverment of maharastra

Posted 2 months ago


A. Hi,
In Maharashtra, the government wants to promote inter-caste marriages to finish the caste discrimination from the state that why the government started a beneficiary scheme in the favour of inter-caste marriage which is known as the “Maharashtra Inter-Caste Marriage Scheme”. Under this scheme, the government provides an incentive to the married couple if a boy or girl from the general category will marry with the scheduled caste boy or girl.
-Under this scheme Rs. 50000/- will be given ...ReadMore
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My father and his business partner have their business under the name of their spouses i.e, my mother and the wife of father’s business partner. My father passed away last November. Can the business

Posted 3 months ago


A. Dear Sir,
On records your mother is partner of that business. She can immediately get issue a legal notice claiming her share in the Business or approach Civil Court by filing a appropriate suit claiming settlement of accounts thus interest of your family will be protected.

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My father is being a share holder (10%) and his mother (10%) of the firm (Movie Theatre) since past 25 years with other relatives as partner (HUF), The managing partner and their children are NRI's be

Posted 4 months ago


A. Dear Sir/ Madam,
The partners have what is called a fiduciary duty to the company. In general, this means they must act with the best interests of the company in mind, above and beyond their own self-interest. If your business partner breaches their fiduciary duty to either you or the company, it may be necessary to sue. Especially if the conduct is ongoing or severely harmful to the business.
If you find this useful please rate me
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Anonymous

Our partner ship firm registered and it is 11 year old . Now 1 partner want to exit without adding new partner . Please tell what will be the impact of this action ?

Posted 5 months ago


A. Hi,
Since the partnership is registered, it would make the ensuing processes a little more niche. It is not a mandate for two-partner firms to dissolve when any of them leaves. However, if you want to continue as a partnership firm only then you shall have to approach the registrar's office and post your query.
If you find my answer helpful then kindly rate me.
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What's the difference between a founders agreement vs partnership agreement/deed? Are both required to be drafted for a partnership firm or one of them can do the job of both? I wish to make the agre

Posted 5 months ago


A. Dear Sir
A Founders' Agreement is a contract that a company's founders enter into that governs their business relationships. The Agreement lays out the rights, responsibilities, liabilities, and obligations of each founder.
partnership agreement is between the partners.
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Anonymous

We have registered as society So is it equivalent to a students organisation If no , how can we register a Students organisation such as ABVP, SFI

Posted 5 months ago


A. Dear Sir,
Please share bye-laws of your society.
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Anonymous

Approx two years before my neighbor have come to a proposal for starting a business for which my technical background and his operations expertise were needed. He told that he already have one registe

Posted 5 months ago


A. If you believed in orally everything and dont believe in documentation then you want to do legal documentations now ?

send a legal notice first if you dont want oral notice.
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Ankur Goel @ Complete Law Shield
Ankur Goel @ Complete Law Shield
Whether writing a deed and investing in a sole proprietorship firm is advisable?! What’s the power of deed written

Posted 6 months ago


A. Investment or loan ?
Investment means you want share then it will not remain sole proprietorship firm.
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Ankur Goel @ Complete Law Shield
Ankur Goel @ Complete Law Shield
Ayantika Mondal @ Prime Legal
Ayantika Mondal @ Prime Legal
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Anonymous

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

Posted 6 months ago


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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Ayantika Mondal @ Prime Legal
Ayantika Mondal @ Prime Legal
Ankur Goel @ Complete Law Shield
Ankur Goel @ Complete Law Shield
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