Llp suplemental agreement !
This query is : Resolved
01 July 2016
Hello all,
Facts :
LLP formed one month ago with two partners A and B.
situation 1 : now B is risigning and C in incoming partner.
situation 2 : A & B both are resigning and C & D is incoming.
Question : 1. in situation 1 can we make single supplemental agreement ? if yes can you share such draft agreement.
2.can we do as situation 2 as both original partners are resinging and two new are incoming. or any other option is available for the same.
Kindly Guide !
thank you
Facts :
LLP formed one month ago with two partners A and B.
situation 1 : now B is risigning and C in incoming partner.
situation 2 : A & B both are resigning and C & D is incoming.
Question : 1. in situation 1 can we make single supplemental agreement ? if yes can you share such draft agreement.
2.can we do as situation 2 as both original partners are resinging and two new are incoming. or any other option is available for the same.
Kindly Guide !
thank you
23 July 2016
Answer 1, yes can draft single agreement for addition and resignation if both are on same day.
answer 2, no both partners cant be resigned at same time, but can do one by one.
answer 2, no both partners cant be resigned at same time, but can do one by one.
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