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Land dispute between partners

Others 352 views 1 replies

Hi ,

      we 4 partners have purchased a land in 2009.at the time of purchasing the land we have registered the property commonly without mentioning the boarders of each partner.now we have decided to construct a factory,but one of my partners who has 5% share in the land is not accepting for our proposal.how can we proceed further to construct the factory without joining the fourth partner.he also not interested to sale his 5 % share.so please help me is there any legal problems or any provisions if exist.

 

Thanks in Advance

Krishna Kishore M

 

 

Replies (1)

Without his consent, the firm cannot move ahead with its plan. All must sit together and discuss the issues and reach a settlement.


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