Querist :
Anonymous
(Querist) 04 August 2015
This query is : Resolved
Hi There were 5 partners in a partnership firm and one of them dies suppose x dies and rest of the four partner partners signs a new partnership deed ( where in 4 partners 2 partners are son of x ) the partnership firm has one industrial land in the name of partnership firm.
But x had written a will where in x has given his share in the industrial land of the partnership firm to his 2 grandsons and without the knowledge of the grandsons the rest of the partners have made the partnership deed, its been like one month the partners have made the partnership deed and now they are thinking of selling the industrial land .
Now the question is when x has given his share of industrial land to his 2 grandsons can they sell without there knowledge and how can the grandsons claim their right in the property and if it is sold the money amount will come in the partnership account then how will the partners of the firm can right the cheque in the individual names of the grandsons
Is this possible and if not what is the right way of going around with the things.
Me one of the grandsons Thanks for the reply in advance .
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