Upgrad LLM

partnership dissolved


there were 2 partnesrs say A&B. B got dead and firm is. dissoved without paying out its debts. Let C was the creditor.
How can C can recover its lended amount as the firm got dissolved ?
and what are the legal rights and consequences for the dissoved firm?
 
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LEGAL

Personally the partners are responsible to pay the debts;  C must initiate the process for recoovery from the surviving partner and fro the leagl; heirs of  expiered partner

 
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subregistrar/supdt.(retired)

Yes. agree with the adivse of Mr. Sohail Sohail ji.


Total likes : 1 times

 
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if they are refusing to pay then?
 
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LEGAL

file for recovery suit and claim dmages too

 
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Issue legal notice if they deny file suit.
 
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