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Agreement for takover of partnership

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This query is : Resolved

Kalyani (Querist)

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)

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

vipin

vipin (Expert)

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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