chandru (partner) 28 October 2014

Sale deed

Hello sir, We are owning partnership firm. First 10 years back we started with two managing partners and five partners. all the partners gave powers to managing partnes.laterly 4 years before one of the managing partners and two other partners retired from the partnership.The land purchase document of the firm was signed by the two managing partners at the time of purchase.now we want to sell the company. Can remaining one managing partner execute the sale document.the firm is registerd one.

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kavksatyanarayana (subregistrar/supdt.(retired)) 28 October 2014

as per your query, the firm has 7 partners including mg.patrs. now there are 4 partners. all the partners may dissolve partnership by way a deed to be filed with form-V. if any query, contact 9490929460

T. Kalaiselvan, Advocate (Advocate) 01 November 2014

As per the terms and conditions of the partnership firm, if the partnership is decided to be closed, a dissolution deed to that effect may be drafted in which the necessary action with regard to the disposal assets/liabilities may be formulated and proceed accordingly. Take the help of a consultant if necessary.