Without filing a retirement deed, we filed a new partnership deed in order to file income tax that year. The old partners had verbally agreed to comply. However, now the old partners have filed a case since no retirement deed was signed and yet we went ahead with the new one. Is this a criminal offense? If so, what is the implication? What is a solution to this - the old partner does not want to reach a mutually agreed settlement on the terms agreed before. The new partnership deed however has not been filed with the Registrar of Companies. What possible solution do you suggest?
