Agreement for takover of partnership

This query is : Resolved

Kalyani (Querist)
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04 February 2009 Does the agreement for take over of partnership need to be signed by all the partners or the major shareholders signature is enough.
Like there are 5 partners
having profit sharing ratio in the manner
partner a and b have 30% each tht is 60%
and partner c has 20%, partner d and e have 10% each tht is 20%.
Do we need the signature of all the partner or A and B are enough.

Thanks in Advance

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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04 February 2009 All the partners necessarily has to sign if the partnership deed do not provide otherwise.

vipin

vipin (Expert)
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04 February 2009 All the partners necessarily has to sign.
if the partnership deed do not provide otherwise.

if partnership provide only 2 partners are sufficient then only 2 can sign the agreement.

rds
cavipingarg
partner
KVR&CO
B-2/1,Ashish Complex,LSC
New Rajdhani Enclave,
Vikas Marg,Delhi-110092
kvrco@in.com
Tax,Assurance,Consultancy,ROC/STPI

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