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Rahul Choudhary (Student)     13 April 2014

Private limited firm

Dear sir,

I was made the director of a private limited firm, that is a real estate company. i was not given any shares.

In the period of my directorship, the company bought a property. There was 1 more director at that time.

after 1 year i resigned from director post. after and after 2 years both directors of the firm deceased (who had all shares of the company. now my name + the name of the other director(deceased) with the name of the company is in the registry of the property. so  i want to ask that how can i get 50% partnership in that property. i am now not the director of the company and the shares and the director ship is with the legal heirs of the deceased..

please help



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 1 Replies

T. Kalaiselvan, Advocate (Advocate)     13 April 2014

What are the terms and conditions of  the partnership firm?, if you have come out of the company long back, you are not entitled to any share. see what is the rule of the company.  The legal heirs of the deceased partner of the company will be entitled to the assets and liabilities of the company.

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