shashwat poddar 30 May 2018
kavksatyanarayana (subregistrar/supdt.(retired)) 30 May 2018
When there are two partners and as per terms and conditions of the partnership deed, the two partners shall distribute assests/liabilities in equal shares. But the 2nd partner shall be given profits (there are profits) and shall sign any deed by both. at that time the 2nd partner has not taken any action or filed case. Now consult local experienced CA who have knowledge in filing cases in partnership business. Private money lending is contrary to law. so it is not advisable.