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 years 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.
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Ayantika Mondal @ Prime Legal
I am
Hi sir, i am in Partnership for last 2years. Due to Covid19 now from march20 to till date my business collapsed and my share of loss of rs 50lak approx now i cant able to pay i want 2 years time to g
3 years ago
A. Dear Sir,
You may get stay order from Civil Court and ask them to approach Civil Court and attach your properties if any otherwise they cannot do anything against you.
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Cheated
I was lured for admission in a partnership company but the Inclusion of partner in paper never happened. I eventually pumped in Rs 1750000.00 but the partners of the company are not willing to pay my
3 years ago
A. Hi,
At first you can send them a legal notice and thereafter you can file a case
Leasehold Landed Property
My wife is a partner in a registered partnership firm having a landed property. The property belongs to husband of another partner who has leased the land in favour of the partners by registered lease
3 years ago
A. Sale is illegal. File a civil suit.
Rameshwar Dadhe
Partnership Dissolution
Hi, I own a small tattoo studio in Bangalore. And I had built it with a partner, we had a basic rudimentary partnership agreement at will signed and constructed the studio. The brand was mine as I had
4 years ago
A. Dear Sir,
If it is registered partnership firm then any of the partner can exercise his rights legally you may get issue a legal notice expressing your intention not to dissolve the firm and would like to continue and also would like to settle the accounts of outgoing partners.
Please take PAID phone call with me through VIDHIKARYA and get more legal guidance.
Partnership act
I along two persons initiated a partnership firm under partnership act. This firm was a chartered accountants firm and accordingly registered with Institute of chartered accountants of India 3 years b
4 years ago
A. Dear Sir,
Being a partner irrespective of your status with ICAI you are entitled for a share in profits.
Please have PAID phone call with me through VIDHIKARYA and get more guidance.
Varun Vij
Seek advice
I have a male friend , both he and me are having unhappy marriages my husband is money minded and our relation have never been existed we just moving on tag in society i am working for myself running
4 years ago
A. Respected Sir/Madam,
Yes definitely, you can get marry with each other and spend life happily by taking divorce.
Kindly contact for more details
Adv poonam #AdvPoonamSapate#FightForJustice
Poonam Manoj Sapate
Breach of Agreement On settlement from partnership exit
Dear Sir/Madam My neighbour and his friend had a running pre-school in partnership. After 2 years he had closed down the school and approached us for buying it. After lot of thinking we thought inst
4 years ago
A. the bank is correct,
you do not take legal advice when it was most needed,
anyway,
now any advice can be given after going thoroughly the documents since you entered in the TRUST and till your resignation and maybe till today,
a detailed discussion after going through documents will be fructify for you,
Suneel Moudgil
partnership firm partner laibility
Description sir, need advice on partnership firm agreement, whether other partner is laible to pay loans or debt of other partner which he has taken in his personal name. plz advice
4 years ago
A. Dear Sir,
If it is personal loan of another partner then you have not liable to repay such loans.
Thanks.
Shreyash Mohta
Partnership in an Bakery
Respected Sir, I had invested Rs. 165000/- in an Bakery shop near my house which i used to be a customer for more than 5 years as requested by the owner. The owner promissed to pay Rs. 7000 every mont
4 years ago
A. Dear Sir,
You have to file suit in Civil Court.
Thanks.
Shreyash Mohta