Partnership dissolution notification in Gazette
Partnership dissolution notification in Gazette
Need to get partnership dissolution notified in Gazette. Officer asked me to get an NOC from partners with General power of attorney. I need clarification on whom to give power in this NOC. For your i
7 months ago
A. Dear Client,
Section 63 of the Partnership Act, 1932 deals with the recording of changes on the dissolution of a firm and states that when a change occurs in the constitution of a registered firm any incoming, continuing or outgoing partner and when a registered firm has dissolved any person who was a partner immediately before the dissolution or the agent of any such partner or person specially authorized in this behalf, may give notice to the Registrar of such change or dissolution, specifying ...ReadMore
Possible to make partnership firm with my father
Sir, is there possible to make partnership firm with my father by writing a partnership deed between us.
8 months ago
A. Yes, it's generally possible to create a partnership firm with your father by drafting and signing a partnership deed.
Same business dispute
Me and my friend both started a partnership firm in the name of our fathers. Meaning that, the business was handled by both of us, our fathers were a dummy partner in papers only. After 5 years, my fr
8 months ago
A. Dear Client,
A partnership firm is governed by the terms and conditions of the Deed of Partnership executed by partners stating therein the rights and responsibilities of the partners and the ratio of sharing the profits and losses of the business by each partner. In the absence of any prohibitory clause in the Deed of Partnership, a partner can run another partnership firm and can enjoy its profit. But without being a partner of said partner can not claim a share of the profit of the said busin ...ReadMore
Cheated in Business Partnership
Me and my friend started a partnership firm 4 years ago, We had a current account and all transactions were done using that account, i had blind beliefs on my friend and he used to handle all the acco
8 months ago
A. Dear Client,
Partners of a partnership firm is governed by the contents of the Deed of Partnership executed between the partners stating therein all the terms including initial investment of capital in the business by the respective partners and the ratio of sharing the profit and loss of the firm by the partners apart from others obligations and responsibilities of the partners. If the share of ratio in profit and loss of the business is mentioned as 80:20 then in that case you can not claim a ...ReadMore
confirmation deed
builder is a partnership firm, through development agreement(2018) agreed to give(by 2021) 2bhk 2 flats , flats are ready with completion certificate, but 2 out 5 are not signing on the confirmation d
8 months ago
A. Dear Client,
In a Partnership business, all the partners are equally liable for non-performance of their respective obligations as per the terms and conditions of the Partnership Deed. When all the documents/papers in connection with the real estate project are executed jointly by all the partners, Confirmation Deed also requires the consent and signature of all the partners. In a case out of 5, two partners are reluctant to sign the deed for any reason, they can execute a registered GPA in f/o ...ReadMore
Proceedings are going on and the opposite party dies
In a case where the proceedings are going on and the opposite party dies, having no whereabouts or any information of the legal heirs, then what can or needs to be done to find out legal heirs. Furthe
10 months ago
A. Dear Client,
The court should be informed of the death of OP and as per the order of the Court necessary steps to be taken by the Registry to find out the legal heirs/representative to continue the proceedings. If no heirs or representative of deceased OP is traceable, then the case may be heard exparte and order may be passed accordingly.
Business Partner Done Fraud with Me [Partnership was no Legally]
I started Business Partnership with one of my friends in Jan 2022, but this was my first time and I was not having any experience of Partnership, so I did it without going legally. Within 2-3 Months
11 months ago
A. In the given situation you need to nock the door of Court to access justice in the matter. In plethora of cases Supreme Courts, High Courts have allowed the petition for specific performance filed under Specific Relief Act even in case of documents not registered under the Registration Act or any other Act applicable on the subject. In case of Partnership firm Deed of Partnership is required to be registered by the Regsitrar of Firms and Society under Society Registration Act.
So get in touch w ...ReadMore
Fraud - I did data entry job for 6 days
Sir I did data entry job for 6 days and completed my work 230 pages but they are sending me a notice that your work is not done and you have to pay 7000rupees but i had completed my job and i didn't g
1 year ago
A. Dear Sir,
http://interfraud.org/ni_fake_jobs.htm
The fake job offer fraud.
They promise a job - but first you must pay. Please do not send money via Western Union.
This page: The fake job fraud, see also Internet fraud update , The money laundering fraud, Fraudsters haunting dating/matchmaking websites , The fake loan offer fraud andthe bank accounts they use.
A painful duty - Exposing the British (and Irish) connection. What happened to my money? All 419 fraud victims sho ...ReadMore
Business Issue with Partners
Me and my 2 friends started a business (Chicken Shop) on March 2022 with capital of 1,50,000 Rs each. It was decided that one guy will be permanently there in shop and other 2 continue working as acco
1 year ago
A. Dear Sir,
You must have registered Partnership Deed and the clauses therein must be very clear about the termination, sharing of profits, investments and interest thereon. Then only you can go to the Court and claim your individual rights.
Business Partner Cheating
My father was approached by a person in November 2019. The person is a writer who also publishes books. He asked my father to be a silent partner in his firm by asking him for ₹500000 and assured hi
1 year ago
A. Dear Sir,
He must be in good books to settle the deal and try to get atleast post dated cheques in respect of investment made by your father. Otherwise, it is very difficult to recover the amount.
