Plz answer the GCL query,its urgent

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sakshi goyal (Querist)
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01 January 2011 Que.A and B orally to carry on a partnership buisness at will &commence business also.After one year A requests B to execute a formal partnership in writing which refuses.Can A get specific performance in this case?

CA ASHISH GUPTA

CA ASHISH GUPTA (Expert)
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01 January 2011 No,
Legally Partnership deed is not required to compulsory written, so one can not inforce for that. What one partner can do.. is "disolution of firm".
But now days generally bank a/c can not be open without deed, so how they are running business??

sakshi goyal

sakshi goyal (Querist)
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02 January 2011 thanks

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