icon All Partners want to withdraw

Sir, we own a pharma company in partnership of 3 members. All documentation is in my uncle's name. Recently, one of our key partners was having issues with the company having a marketing manager. The


A. A partnesrship is run by majority. If you are also a partner then you can side with your uncle to oppose the other person.

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ROBERT D ROZARIO

ROBERT D ROZARIO

Deepak Yashwantrao Bade

Deepak Yashwantrao Bade

icon partner

Sir, i and my partner started a business 3yrs back with mine idea and partner invested in condition that he will take his principal with interest till full amount is recovered and then share profit. F


A. your query lacks some clarifications, though, as per facts available, nothing much to worry,
the only worry is undated cheque

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ROBERT D ROZARIO

ROBERT D ROZARIO

SUMSON  .T.S

SUMSON .T.S

Deepak Yashwantrao Bade

Deepak Yashwantrao Bade

icon not returning money

My sister has started a cloth shop with a lady friend and financed the business by taking a shop on rent and buying stocks etc. After a few months the friend has said that she can manage the shop on h


A. dear client you can file a criminal complaint before police station against fraud and criminal breach of trust.stating all the facts and circumstances against her for the fraud she committed with you.

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Latest Response 5 years ago
Deepak Yashwantrao Bade

Deepak Yashwantrao Bade

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Ambrose  Leo

Ambrose Leo

Mohd   Imran

Mohd Imran

icon Partnership - Rogue Partner

I am partner in a small partnership firm owning 80% shares with other two partners owning 10% each. While me and other partner ( one of the other two) diligently work to get the best returns for the f


A. remove him from partnership firm by passing a resolution to that effect.

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Latest Response 5 years ago
Ashish K Dongre

Ashish K Dongre

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Vimlesh Prasad Mishra

Vimlesh Prasad Mishra

icon Rent Agreement

Dear Sir One of my friend and myself star a work in partnership and get one rental shop and now he want to leave the partnership and he don't want to work with us so please suggest me what should i do


A. Dissolve the partnership agreement and if provided claim for damages.Better to consult a Lawyer from panel of Vidhikarya to guide & help you all aspects of the issue quickly.

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icon Forcing me to pay for his (Partner) losses

I and my partner started a business and we went delhi to pay a person money for starting our business, i paid him Rs. - 70,000 and he paid him 65,000. from his hand to that person hand, after that h


A. dear client in your matter In general cases, partnership deed is the governing agreement between the partners. The partnership deed covers the duties and responsibilities of the partners. Please share across the deed for a further advice.

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Latest Response 5 years ago
Deepak Yashwantrao Bade

Deepak Yashwantrao Bade

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Nilanjan  Chatterjee

Nilanjan Chatterjee

icon My partner is denied to give me my profit

Hello I was doing business with my one partner we have unregistered partnership deed. After business continues there is some dispute between us so my partner freeze bank debit so now we have dissolved


A. dear client in your matter You can file a suit in a civil court asking the court to direct the other partner to act as per the dissolution agreement. The non-registration of partnership does not matter.If the profits is not shared then you may take legal recourse.

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Latest Response 5 years ago
Deepak Yashwantrao Bade

Deepak Yashwantrao Bade

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