LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Bhagyesh Rai   12 February 2019

Partnership firm

can partnership firm enter into agreement on its own name ?Does it has separate identity from its members


 4 Replies

Suhail suhail (LAWYER)     13 February 2019

You can do bussiness and enter agreements through your Firm (Partnership Concern)  if you want to do the bussiness as joint partners, however the act of firm shall be deemed the act of all of the partners. If you want to do some bussiness individually so do that ...what is the issue

Bhagyesh Rai   13 February 2019

I have to draft a shareholder agreement in which the company is converting the outstandings trade paybles of firm into shares on its partners name, I just want to know whether the firm as contractual capacity to enter into agreement

Suhail suhail (LAWYER)     13 February 2019

The Firm is an entity , you can enter in any agreement or deals on its behalf  however the partners should agree mutually. If all the partners agree to the agreement proceed./

H.M.Patnaik (Proprietor)     13 February 2019

Agreed with Expert view at above.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register