Breach of Agreement On settlement from partnership exit
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
froud in money
mere husband ka partner tha usne 5 sal pahle mere husband ko apni bato me leke mere sasur k retirement fund mese 15 lakh cash le liya hum law k mutabik apna paisa vapas pa sakte hai ?
5 years ago
A. Dear Sir,
Lodge police complaint and also put a civil case for recovery of amount.
Suneel Moudgil
Sunil Bakshi
Rameshwar Dadhe
Mr
I funded a small business in 2014 under a partnership agreement with my neighbour. My wife was the partner in the newly formed firm ( for electrical goods viz fans, lights, geysers etc..)but it was an
5 years ago
A. Dear Sir,
If you have bounced cheques you may immediately file a cheque bounce case or file a civil suit for recovery of amount.
Suneel Moudgil
Junaid Ali Khan
Junaid Ali Khan
Shares
I bought shares on stamp paper (beginning of a private limited firm) (2017). Now the firm is making good money but my share is not coming. What should I do?
5 years ago
A. Dear Sir,
You have to file a Civil Case seeking appropriate reliefs.
Rameshwar Dadhe
Share of Profit In Partnership Firm.
Dear Sir/Madam, In case of Partnership Firm can we divide profit amongst partners in below given way, 1) Partner A will have Share on 35% of the Profit. 2) Partner B will have Share on 35% of the Pro
5 years ago
A. Respected Sir,
What share you have decided in the Partnership Deed / Agreement.
But yes if it is mentioned in your agreement you can share according to that otherwise make modifications in your partnership deed.
and agree on given % for profit
For more details and to change your profit % Contact
Adv Poonam Sapate
Poonam Manoj Sapate
Partnership firm related issues
Our firm partnership firm when partnership deed executive one partner introduction his capital as his balance sheet of year1987 in balance sheet in which his all asset and liability comes in partnersh
5 years ago
A. dear client kindly provide terms and causes of the partition deed because without seeing the same I am unable to give accurate legal advice.
Deepak Yashwantrao Bade
DUMMY PARTNER IN A PARTNERSHIP FIRM
DEAR SIR, I WAS WORKED IN A COMPANY NAME M G IMPEX PRIVATE LIMITED FROM 2008 TO 2017. I HAD JOINED THERE AS ACCOUNTANT. MR SUNIL AGGARWAL IS THE OWNER OF THE COMPANY. IN 2012 HE CREATE A PARTNERSHIP F
5 years ago
A. Kindly share the partnership deed to get better solutions.
ARPIT BATRA
Raise crowd source funding in india
Is it allowed legally in India to raise funding for a LLP through crowd funding. If not which construct allows for crowd funding.
5 years ago
A. Dear client the answer of your question would be depend on the type of crowdfunding. Equity Crowdfunding, specifically digital equity crowdfunding platforms, is illegal. Reward-based crowdfunding and donor-based crowdfunding is not. The Securities and Exchange Board of India (SEBI) has issued laws on digital equity crowdfunding in India as “unauthorized, unregulated and illegal”.apart from this Donation Based Crowdfunding,Rewards Based Model,Equity Model,Lending Model are currently popular i ...ReadMore
Deepak Yashwantrao Bade
