Can a partner run competetive business against partnership


Can A partner of a partnership firm run a competetive business of the firm and can he use the goodwill and credentials of partnership firm for his business otherthan the firms business.

 
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and can anybody tell the legal remedy to restrian the partner from doing the same....

 
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Corporate Lawyer

No, One cannot run a competitive business being a partner of a partnership firm.


Total likes : 1 times

 
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Advocate

it is against the agreement . they can run a different style of business and not in the same field.or same business

 
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