Rajiv and Ramesh entered into a verbal agreement to form a firm. They agreed to share its profits.

Question

Rajiv and Ramesh entered into a verbal agreement to form a firm. They agreed to share its profits.

Rajiv and Ramesh entered into a verbal agreement to form a firm. They agreed to share its profits. Their business was running smoothly. One day a dispute arose between Rajiv and Ramesh regarding the profit sharing ratio. Rajiv decided to move the court and enforce his rights against the firm and Ramesh. Will Rajiv succeed ? Give reasons in support of your answer.

Monjur Alahi

6 views

2025-01-04 04:42

1 Answers

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

No, Because the firm is not registered and the partners of an unregistered firm cannot enforce their rights against the firm and other partners.

6 views Answered 2023-02-05 15:29