Legal Question in Business Law in India
Can You please give me a exampleof a minimum lock in period clause that can be entered in a partnership deed
Asked on 7/03/13, 5:00 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
03.07.2013
Dear Sir / Madam,
Draft of minimum lock in period clause :
"Each partner has agreed to invest a sum of Rs. _____________ as their Capital in the business, which principal amount contribution will remain with the firm for a minimum period of ____ years ___ months from the date of registration of the firm and commencement of business operations."
Regards,
Answered on 7/03/13, 6:29 am
Related Questions & Answers
-
I am getting into a partnership with two parties in Kerela Cochin India and wish to... Asked 7/03/13, 4:21 am in India Business Law
-
I m a government servant. i also start my own bussiness. can i start bussiness by my... Asked 7/03/13, 2:23 am in India Business Law
-
Can the assets of an NPA Limited company be sold to the representatives of the same... Asked 7/01/13, 9:40 pm in India Business Law
-
Hello ,Law Guru. my dad purchased agricluture land from my taya ji in the year... Asked 6/30/13, 12:43 am in India Business Law
-
Im dinesh doing property loan in karur dist..is it possible to get a pvt.ltd without... Asked 6/28/13, 11:28 pm in India Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
