Partnership deed
Azhar
(Querist) 10 August 2015
This query is : Resolved
A,B,C and D are 4 partners said to have bought a property to run their firm under lease cum sale deed and the sale deed mentions that there exists a partnership deed but in reality there is no partnership deed existing.
1. Is such a partnership valid ?
2. Can any third party who has no connection with the firm/property sue the partners ?
Chanchal Nag Chowdhury
(Expert) 10 August 2015
Your query is a figment of your imagination & not based on reality.