Unequal distribution of business share among brothers
Unequal distribution of business share among brothers
My father are 7 brothers and 1 sister. Out of which 1 is deceased. So they are 6 brothers (alive) and a sister . All have a common business ( 1 shop ) - this shop is ancestral property . My father is
1 year ago
A. Dear Sir,
Due to lack of time I am unable to read your lengthy narration followed by questions better go to local lawyer with required documents and clarify all your doubts once for all.
Company Related-company bursted
Actually in 2020 we 3 person started an organization where I have been asked to invested 10k during incorporation of the private limited company and got 10%equity and asked me to take care of marketin
1 year ago
A. Dear Client
What do you mean by company bursted?
Anyways as a shareholder you have your rights to raise the voice and concern in the company matters but certainly your voting rights are limited due to lesser shared being allotted to you.
partnership - property is owned by partners
if property is owned by partners but what if one wants to sale it & other one not agreeing with it?
2 years ago
A. Dear Client,
To sell the property co-owned by you, you’ll have to send a legal notice to the other partner asking to sell the property if that person doesn’t agree with you then you can take the case to the civil court.
Business partnership - My father and uncle were working together
My father and uncle were working together from last 25 years. our business was of surgical healthcare both used to run the business together the business was registered under my uncle's name as proper
2 years ago
A. Dear Client
As per the facts which have been provided, you may file a suit in the Court regarding your concerns and demand for your share in the business.
Hope this clarifies your query and requirement.
Thank you.
Father’s Business after his death
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
2 years 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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NRI Partners in the FIRM Giving trouble us to sell our share
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
2 years 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.
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Ayantika Mondal @ Prime Legal
Cheated by my former business partner
Hi, I am from Burdwan. During the end of 2017, I came in close contact with one of my friend and discussed with him about my future. He then advised me to start a new business and also shared his own
2 years ago
A. Dear Sir
If it is not registered partnership then you cannot go to the civil Court but you can lodge complaint with police. If it is registered then you can file a suit and get partnership dissolved and accounts settled as per law and as per terms of partnership deed.
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Founders Agreement Vs Partnership Agreement
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
2 years 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.
Students Organisation
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
2 years ago
A. Dear Sir,
Please share bye-laws of your society.
Fraud case
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
2 years 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.
Ankur Goel @ Complete Law Shield
