Legal Question in Business Law in India
Two partener whole investment in 1.5 Cr on project and third partner is working partner without investment then explain the profit sharing
Asked on 10/12/16, 9:52 pm
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
13.10.2016
Dear Sir / Madam,
There is no fixed profit sharing formula. It is mutually decided by all the partners.
Regards,
Answered on 10/12/16, 11:13 pm
Related Questions & Answers
-
We are leading Engineering Industry in Tamilnadu. In order to cater manpower to our... Asked 10/11/16, 1:14 am in India Business Law
-
Can there be lock in period for the partners of the firm if they have come together... Asked 10/09/16, 4:08 am in India Business Law
-
Hi i joined a MLM company and now he is denying to give me the benefits which he is... Asked 10/07/16, 8:00 pm in India Business Law
-
A finds a costly ring and after making reasonable efforts to discover the owner,... Asked 10/07/16, 8:20 am in India Business Law
-
A agree to sell to B, 10 bags of kalyan wheat out of 100 bags lying in the godown... Asked 10/07/16, 8:15 am in India Business Law