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chirstopher (SME)     15 March 2011

Doing Business Partnership

Hi, I m new to busineess.

CAn anyone please help me out with the necessary information required for starting a business in Partnership.

 

To reply click following link

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BPO Services

 



Learning

 3 Replies

Nagaraja B S (Corporate Commercial & IP Lawyer)     15 March 2011

 

Dear Christopher,


You can go for three of business in partnership


1) Private Limited Company

2) Limited Limited Partnership Company

3) Partnership Deed (Partnership Agreement)


If you need further details, feel free to Contact


Thanks

Nagaraj

Trademark Attorney & IP Lawyer

IP Lex Global Services

Email: nagaraja_bs@iplexglobal.in

Mob: 9902007635

Yudhist (Legal Consultant)     03 May 2011

Further to Mr. Nagaraja'a options for starting a business above kindly note that there is a new form of business entity know as Limited Liability Partnership (LLP) which maybe also formed. This has the benefits of limiting liability while the simple procedure of setting up and maintaining as usually found in a partnership.


(Guest)

A partnership need not be registered as per provisions of Indian Partnership Act,1932.However, If it is not registered,it has no legal right to sue anyone.

You need to get an agreement of Partnership executed by Partners in order to get it registered.Then contact your local registrar of companies office for further formalities.


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