Legal Question in Business Law in India
Sir, I have a question :
(1) A non registered partnership firm consisting of 2 partners are engaged in business.
(2) One of the partner has not submitting accounts inspite of repeated requests and demands.
(3) The other partner who has made monetary contribution wants to dissolve the non registered firm i.e. wants to remove the other partner on account of misappropriation of funds etc.
Please reply as to the procedure how one partner of an un-registered firm can remove the other partner without taking the matter to court.
Thanks in advance.
Asked on 1/19/11, 3:48 am
1 Answer from Attorneys
Dissolution of the partnership would be the course of action which the partners must take.
Answered on 1/19/11, 5:13 am
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