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Takeover Agreement Of Partnership Firm By Company – OjaExpress for Business

Takeover Agreement Of Partnership Firm By Company

1) pvt Limited Company may acquire a partnership company The response to Q1 with regard to the above provisions does not seem sustainable for the newly created company without the agreement of the active partner and the company without delay itself. Since you have Locus Standi, your son-in-law doesn`t have to show up. However, in cases where the terms of the partnership act on the continuation of the partnership`s activities are silent, a contract for the continuation of the partnership after the death of a partner may be implicit in the conduct of the parties. This means that, if it is obvious that such an intention existed, the nominee or the legal representative of the deceased partner can replace the deceased partner and the activities of the firm can continue assuming that the partnership was never broken after the death of that partner. In addition, the acquisition of the activity of the former company can only be done with the agreement of all the partners of the old company that does not exist in your case. Therefore, you have enough reason to say that the new company and its business was not created by legal means. I have recently become a member of the CA Club. In my google search for a draft contract for the acquisition of a company, I responded to your request. Do you have an agreement? If so, can you send it to me? What types of authorizations, decisions, badges are required by the legal authorities. Does stamp duty have to be paid for such a transaction? Can you respond as quickly as possible, given that it is urgent? 5. . .

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