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Author Topic: Partnership Deed validity in court  (Read 791 times)

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Offline durgabalaji343

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Partnership Deed validity in court
« on: September 06, 2015, 07:00:37 AM »
hello everyone,


My father and uncle was started business in 1983, and made a " partnership deed" in June,1992 with mutual agreement. And this document was not registered but written a bond paper with witnesses.

Now two families got clashes and decided to seperate. My uncles family is not bound to this agreement even have talks with elder people.

My question:- Is this agreement is valid in the court if i file a case against them for not obeying to this agreement?. If it is invalid, so what are the ways to solve this case?


please help me.


Thank You

Offline adv.amarnath

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Re: Partnership Deed validity in court
« Reply #1 on: September 06, 2015, 07:14:33 AM »
As the agreement for partnership is unregistered even though it is made on Stamp Paper/ Bond Paper with witnesses, it is invalid in the eye of law. Partnership Agreement is a compulsory document to be registered before appropriate authority. Your father has only option to file a case for Accounts only.

For further advice and clarification you can contact me. If you are clear with my advice please click on APPLAUD just on the left hand side of this post.

Regards,

Amarnath Sanyal
Advocate
Email - adv.amarnath.sanyal@gmail.com
Mob - 09830303322

 

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