udai s parmar
12 May 2010 at 18:26
My father and aunty( father's brother's wife) are partners in a firm. Now due to differences in family, my aunty has given a public notice and a letter to my father to retire from the firm.
There is bank's loan in the partnership firm and my father want to continue the firm by taking my brother as partner.
My query is :
Can our aunty object to this arrangement and insist on dissolution of the firm?
There is no clause in the deed that when a partner retires the firm will have to be dissolved.
Kindly advise and let me know the correct position of law in such case.
zakir hussain lone
12 May 2010 at 13:56
HI I'm zakir hussain lone pursuing B.A.,LL.B FROM UNIVERSITY OF KASHMIR.I want to know what are the different fields in which a law student can work besides court.in kasmir,there is political turmoil and only courts are available to us.Here the academic value is almost zero becoz the teaching faculty of k.u. law deptt.{only govt institute in valley} is already full
Anonymous
11 May 2010 at 09:21
The decree passed by DRT in favour of the bank has been set-aside by DRAT and cross examination in progress in DRT.Now can we file counter claim against the bank though it was not filed with WS originally.However,loss and damages claim is pending in the civil court and yet to be heard.Can we insist DRT to hear this claim by paying the required fees?Can I have some specific case in this regard?
Anonymous
09 May 2010 at 13:53
I am a landlord. i have let out my Lodge on lease except my lodge license & business.its in my name.Now in the middle of this lease period, Can i sell this license & business to my tenant for money ,as i am in need of urgent money.Is it legal. Will it create any problem in future.
Anonymous
08 May 2010 at 23:55
In a case where the bank decree by DRT has been quashed/set-aside by higher forum,the bank has proceeded under securitisation act.Now when the dues of the bank are yet to be adjudicated,how can the bank move in another act showing illegal dues?Bank says they can move as per supreme court order in some case.I feel the apex court could not have passed a law for banks to achieve something indirectly when the bank has failed to do something directly on the face of law.
Can this be explained?
asifa butt
08 May 2010 at 22:37
can any one give me material on syndicated finance?and tell how can a co-lender come out of finance agreement?
asifa butt
08 May 2010 at 19:57
is indean banking law is similar to pakistani law.how does indian law define cost of funds.when does it accrue?how the period is calculated?and can a bank can claim cost of funs for late payment of rentals
R K Venkatramana
08 May 2010 at 16:04
I am proposed to enter into superstockist for food product let me know the procedures and documents to be involved in this regard
asifa butt
08 May 2010 at 11:59
how a participant or co-lender can come out of syndicate finance/what would be the legal consequences?liabilities towards borrower and other co-lenders?
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form V of karnataka partnership act in excel format
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