Legal Question in Business Law in India

Hi,

I entered into partnership business with 33% with one of my friend. It went inot loss, I withdrew from the business by orally informing him, there was no written commnucation beliving him as he was trustworthy friend.

Now when I asked him to return my investment deducting the loss that occured during the time I was actibve in the business, he is not ready to give me back the remaining investment. is there any way from where I can get back my invetsment amount after deducting the loss.

Please let me know.

Thanks in advance


Asked on 7/17/12, 3:55 am

3 Answers from Attorneys
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

this seems to be a partnership at will. you may go for suit for dissolution and rendition of accounts.

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Answered on 7/17/12, 4:21 am
Global Legist Advocate & Legal Consultants

Hello,

Ask for dissolution of partnership.

For any further enquiry please contact us.

With Regards

Global Legist

Advocates and Legal Consultants

+91 9873400403

[email protected]

www.globallegist.com

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Answered on 7/17/12, 4:23 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

File a case for dissolving partnership and taking accounts

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Answered on 7/18/12, 3:24 am


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