Parting ways in LLP Parting ways in LLP

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

4 Response(s)

Posted 8 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.

Helpful
Helpful
Share
Company law Company law

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

2 Response(s)

Posted 10 months ago


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.

Helpful
Helpful
Share
Latest Response 10 months ago
Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal

Other Responses
Advocate  Anik

Advocate Anik

Capital gains Capital gains

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

2 Response(s)

Posted 11 months ago


A. Hi,
This depends on the terms mentioned in your AoA and MoA.
If you found this helpful, please rate us.

Helpful
Helpful
Share
My Partner refuses to pay Emi of bank My Partner refuses to pay Emi of bank

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

3 Response(s)

Posted 1 year ago


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*

Helpful
Helpful
Share
IT Startup Partnership Issue IT Startup Partnership Issue

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

3 Response(s)

Posted 1 year ago


A. no

Helpful
Helpful
Share
Latest Response 1 year ago
Ankur Goel @ Complete Law Shield

Ankur Goel @ Complete Law Shield

Other Responses
Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal

Advocate  Anik

Advocate Anik

V V

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

4 Response(s)

Posted 1 year ago


A. 500

Helpful
Helpful
Share
Latest Response 1 year ago
Ankur Goel @ Complete Law Shield

Ankur Goel @ Complete Law Shield

Other Responses
DIYAVARHUSSAIN  SHAIK

DIYAVARHUSSAIN SHAIK

Advocate  Anik

Advocate Anik

Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal

Selling Shops in Commercial land constructed on four land parts Selling Shops in Commercial land constructed on four land parts

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

3 Response(s)

Posted 1 year ago


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

Helpful
Helpful
Share
Latest Response 1 year ago
Ankur Goel @ Complete Law Shield

Ankur Goel @ Complete Law Shield

Other Responses
Advocate  Anik

Advocate Anik

Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal

How to rectify mistakes in partnership deed How to rectify mistakes in partnership deed

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

2 Response(s)

Posted 1 year ago


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.

Helpful
Helpful
Share
Latest Response 1 year ago
Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal

Other Responses
Advocate  Anik

Advocate Anik

How to get certified copy of partnership deed registered in Maharashtra How to get certified copy of partnership deed registered in Maharashtra

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

2 Response(s)

Posted 1 year ago


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

Helpful
Helpful
Share
Latest Response 1 year ago
Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal

Other Responses
Advocate  Anik

Advocate Anik

Phone Call recordings Phone Call recordings

I have a partnership dispute after a investment from abroad in a firm without any agreement made. I want to get a phone call recordings from Airtel and hutch from March 2014. Is there any possibility.

2 Response(s)

Posted 1 year ago


A. Hi,
You have to visit the Airtel company outlet and present a written request application along with some other required documents.

Helpful
Helpful
Share
Latest Response 1 year ago
Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal

Other Responses
Advocate  Anik

Advocate Anik