Partnership

This query is : Open

vipul shah (Querist)
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03 May 2019 we are having partnership firm. One of the partner is US citizen (NRI) since many years and not active partner in business.

We would like to lease a property on long term basis. However, NRI partner is objecting for the same

Can he be eligible to object the decision taken by other active partners ?

Thiyagarajan Kandasamy

Thiyagarajan Kandasamy (Expert)
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04 May 2019 if partners having equal rights, and same mentioned in the partnership deed and if partnership deed is registered, he have a rights to object. commonly what you have mentioned in the deed in more important.