Regarding investing in a sole proprietorship firm
Regarding investing in a sole proprietorship firm
Whether writing a deed and investing in a sole proprietorship firm is advisable?! What’s the power of deed written
2 years ago
A. Investment or loan ?
Investment means you want share then it will not remain sole proprietorship firm.
Ankur Goel @ Complete Law Shield
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
2 years 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.
Got cheated at work place
I had been appointed as a Partner with a share of 3% with a provision to draw an amount of Rs. 60,000/- per month (in calculaton with 3%)in a Health care company in the month of January 2021, since th
3 years ago
A. but you dont have any appointment letter or proof to prove that you were COO or partner.
Try legal notice first.
Advocate Ankur Goel
(Complete Law Shield) #YourLifeYourChoice
Ankur Goel @ Complete Law Shield
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
3 years 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.
Ayantika Mondal @ Prime Legal
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
3 years ago
A. Hi,
This depends on the terms mentioned in your AoA and MoA.
If you found this helpful, please rate us.
Ayantika Mondal @ Prime Legal
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
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 years ago
A. no
Ankur Goel @ Complete Law Shield
Ayantika Mondal @ Prime Legal
V
What is the value of Non-judicial stamp paper for a Partnership deed in Mumbai?
3 years ago
A. 500
Ankur Goel @ Complete Law Shield
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 years 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
Ankur Goel @ Complete Law Shield
Ayantika Mondal @ Prime Legal
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
3 years 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.
Ayantika Mondal @ Prime Legal
