Mansi Airi Gambhir enrolled with the Delhi Bar Council in 2009 and holds Masters in Corporate Laws f... Read More
Legal Remedy against liability in Partnership Dispute
Recently my partnership firm in Delhi closed down. It was a 50 - 50 ratio partnership. There is a dispute between partners. No dissolution deed has been signed. There are three Sec 138 cases filed against us. My partner is not willing to pay and sort though I am willing to pay my 50% share. Can I be exempted after paying my share. Both people have signed the cheques. Is there any case law?
- Sector-1, Noida
Issue a Partnership Dissolution Legal-Notice to your partner before Monday. Legal-Notice can be issued on sunday also and can be sent through private courier also. Show the issued legal-notice copy to the judge on Monday and tell the opposite party that you are willing to pay 50% of the cheque-amount as it will show that you really want to finish the partnership and are not just running away.
Answered on 28 Sep 2018
4/4 people found this helpful
Didn't find the answer you are looking for?
Talk to experienced lawyer online and get your answered in minutes.