Partnership & Arbitration Acts

Asked in Business

  • **************l

    Panchkula

Expert's Answers(4)

  • xxxxx cxxxxx

    Bengaluru, Karnataka
      184 Client Ratings

    Dear Sir It all depends upon clauses of the partnership deed and one of the partner may get it dissolved. Please give me RANK FIVE (5) if my answer satisfies you

    September 11, 2020
  • Advocate Anshul Kulshrestha

    Noida, Uttar Pradesh
      9 Client Ratings

    If a partnership business is at will, any partner can dissolve the partnership by giving an advanced notice. Notice will contain a date from which dissolution will be effective.Under this circumstances no court will interfere if there is an arbitration clause in partnership deed then parties can resolve their disputes through an arbitration process.An arbitrator or arbitral tribunal can award dissolution of a firm which will be legally binding on the parties

    September 11, 2020
  • Pushpa Kumari Mishra

    NA, Delhi
      2 Client Ratings

    is their any arbitration clause...

    September 10, 2020
  • Advocate J L Naagar

    Jalandhar, Punjab
      169 Client Ratings

    When the Partnership is AT WILL simply causing a simple legal notice by one of the Partners and expressing the intention for dissolution of Partnership is sufficient to get the firm dissolved. Under those circumstances no court will interfere and resultantly will not issue any injunction. ARBITRATION Clause if exists in the Partnership Deed will also be a Bar from approaching the court. Under the circumstances only the Arbitrator will resolve the matter in case of any dispute. I hope I am clear. Please give me Rank Five and follow me after reviewing my resume and book a consultation for further discussion and explanation if required.

    September 10, 2020