I lent a sum of money to a person who is a partner in a partnership firm. The receipt of the money was confirmed by another managing partner. So far, they are refusing to return my money. If I file a recovery suit, should I name the partner individually or both partners (or the partnership firm as an entity)?
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Loan recovery from business
Replies (2)
Partnership firm as per my views
Dear Friend ,
You have to name both partners as well as pertnership firm in the suit for recovery of your dues.
Thanks
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