Plz answer the GCL query,its urgent
This query is : Resolved
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?
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??
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??
02 January 2011
thanks
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