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Partnership deed - Recovery of investment
30-Jun-2026 (In Arbitration Law)
I am a named partner in a signed partnership deed (10% share, 15 lakh investment) in a business that has since shut down. The working partner did not provide any accounts and has stopped responding. He is currently going through divorce proceedings. Do I have a strong case for recovery,
The facts disclosed are insufficient to give a proper legal opinion. The merits depend on the partnership deed, accounts, correspondence and other records. if you provide details we can give opinion otherwise we can't tell anything to you.
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Adv. Ravindra Anjaneyulu
Anantapur | 5+ Answers
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Based on the facts stated, you appear to have a legally enforceable claim, subject to the terms of the Partnership Deed and the available evidence. If the deed contains an arbitration clause, you may invoke arbitration seeking rendition of accounts, recovery of your investment, profits, and other consequential reliefs. If there is evidence of misappropriation, breach of fiduciary duty, or diversion of partnership assets, appropriate civil and, where warranted, criminal remedies may also be pursued. Immediate legal action is advisable to safeguard your rights and preserve the relevant evidence.
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Adv. Pavani Kumari
Guntur | 400+ Answers
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Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
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