Liability of Working Partner with non working Partners

Share
Share This Thread
  1. rajpat

    rajpat New Member

    four Partner's A,B,C,D are planning for business, ABC are in job and D will be running day today activity and will be paid certain amount,ABC will support in spare time for sales . all three will invest D want's equal share of profit without investment, since he is spending more time on Ground.

    presently D think his investment should be zero , since all activity will be done by him.

    is it viable ? if not then what is solution, what will be amount D should share If ABC does not agree on above terms.

    example:-
    Investment -10 lac

    Plz guide
     
  2. Karan Batra

    Karan Batra Well-Known Member

    It depends on a case to case basis depending upon various factors like future profits to be generated, each partners contribution etc
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
Limited liability partnership Misc. Feb 17, 2018
Reverse charge if registration liability comes under sec51/23 Misc. Jul 25, 2017
Share holders Liability Misc. Dec 7, 2016
Meaning of Liability in Partnership limited to Shareholding Misc. Jul 27, 2016
Company Liability Misc. Apr 18, 2016