PARTNERSHIP ISSUES

Dear Client you may pursue according partnership deed For further assistance please contact me Thank you

if new partner not invested from starting then why and how he became partner. your partner ship deed have to be studied,

That is the reason Partnership deed have to be drafted properly by a lawyer in start which have the terms and conditions clearly defined. People want everything for free. Now approach a local lawyer with current Partnership deed and solution.

send to the notice to your non perform partner for the reason of non-performance not entitle for equal share hence he is not have any rights to enter to the partnership like that and then awaiting reply for further action

Dear Client, Go for section*Phone*of the Partnership Act where expulsion of the partner is duly provided. You may amend your partnership deed and expulsion can be done, with changes in the agreed shares of profit and losses between you guys. Thanks Please Appreciate

Dear Sir, You have to approach a chartered accountant or any Advocate or get issue a legal notice and remove that partner from partnership deed. Please give me rank after viewing my details. Please call me for further assistance.

call meeting and paas a resulation and send him the notice as per your partnership and shares for dismiss of partnership

Dear Client, You may go for expulsion of the partner through section 33 of the Partnership Act. There are various reason why a partner may be expelled from a partnership firm. A partner of a firm may not be dismissed from a partnership firm by a majority of the partner except in exercise, in good faith, of powers conferred by contract between the partners. An expulsion is not deemed to be in a proper interest of the business of the firm if the conditions below are not fulfilled. The power of expulsion must be stated in a contract between the partners. A majority of the partners must exercise the power. It has to be exercised in good faith. The test of good faith as required for expulsion as stated under Section*Phone*includes three aspects. The expulsion must be in the best interest of the partnership. The partner that is to be expelled must be served with a notice. The partner has to be given the opportunity of being heard. If a partner is expelled without fulfilling these conditions, the expulsion is considered null and void. The only solution, when a partner is involved in misconduct in the business of the firm, is to seek judicial dissolution. It should be noted that the expulsion of partners does not always result in the dissolution of the firm. An invalid expulsion of a partner does not bring the partnership to an end even if the partnership is at will and it will be deemed to continue as before. (source at https://www.indiafilings.com/learn/addition-and-removal-of-partners/) Thanks Please Like