Legal Question in Business Law in Philippines
contest partnership income sharing regarding partnership dissolution
The Partnership is for dissolution due to indifferences and unfair sharing of work rendered. I want to contest the partnership sharing since 80% of work and sales came from me. The other partners were not able to deliver their share as per partnership agreement. I have all documents to prove the work and service and sales I rendered for the partnership. I want to be given the legal proper share due me. Please advice me on what to do. Thanks and looking forward to your reply the soonest.
1 Answer from Attorneys
Re: contest partnership income sharing regarding partnership dissolution
You can file a petition with SEC so that the sharing in the dissolution be fixed by the hearing officer. YOur proof that you performed all the work would come handy. However, the provisions of your articles of partnership would govern as to the distribution process. Thanks
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Signature hi good day, i would like to ask for an advise regarding my problem about... Asked 9/21/04, 4:42 pm in Philippines Business Law