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Can Partner Sale Property without consent of all partners
04-Jan-2023 (In Property Law)
Dear Sir
We have Registered Partnership firm consisting 5 partners each having 20 % share. Previously in 2011, all 5 partners sold 8 Acre out of 12 Acre land which is in the name of firm. I, as Fitfh partner also signed that agreement of sale. That time four partners didn't gave me any amount or consideration in my account as 5th partner for this property sale. All other four partners at that time orally told that we will adjust your compensation in the form of land. Means they wanted me to take 20% land of total 12 Acres in remaining share of 4 Acres which comes to 2.4 Acres. As I was no need of money that time, i agreed for same.
But they are cheating now? What can I do?
Also they want to sale 80npercent of remaining land of their share? Can they do that?
Hi. Sorry to hear about your issue. This seems like a property division issue for land parcel and claiming of rights. We can help u with this by way of legal notice or filing criminal or civil case. We can discuss over a call at time convenient
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Hello Sir!
To answer your query I will need to study terms and conditions mentioned under your Partnership Deed. You will have to file suit for your share in the civil court. If you want to go for it contact me. I will guide you.
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Adv. Shweta Joshi
Pune | 100+ Answers
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