Legal Question in Business Law in India

I have a Partnership firm with 4 other partners each holding 20% each. 2 of the partners constituting 40% have colluded and entered into a Rental agreement with a 3rd party without the knowledge and consent of the other 3 partners.

Please advise as to what are the legal options available if any against the partners and the Tennant


Asked on 5/25/11, 10:15 pm

1 Answer from Attorneys

You can file a suit for breach of contract and demand compensation/ damages.

Consult a lawyyer .

Regards

Read more
Answered on 5/26/11, 12:10 am


Related Questions & Answers

More Business Law questions and answers in India