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RM (d)     10 November 2011

Retirement deed not filed

Without filing a retirement deed, we filed a new partnership deed in order to file income tax that year. The old partners had verbally agreed to comply. However, now the old partners have filed a case since no retirement deed was signed and yet we went ahead with the new one. Is this a criminal offense? If so, what is the implication? What is a solution to this - the old partner does not want to reach a mutually agreed settlement on the terms agreed before. The new partnership deed however has not been filed with the Registrar of Companies. What possible solution do you suggest?



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 3 Replies

SURESH GODBOLE (ADVOCATE)     11 November 2011

What have been argued in the case filed by the old partners

What have they prayed to Court

throw some light on what they insist on , what are their charges , what they have prayed for

Then we can comment

Ramalingam K (Founder and Director of Holistic Investment Planners (P) Ltd. a financial planning nd wealth mgt company. An M.B.A. graduate nd CFP certified professional having 11 years of experience in investment advisory.)     12 November 2011

Don’t put off today what you can’t afford to do tomorrow. In spite of the world wide pension crisis and a growing acceptance that we must plan and save for our retirement, the harsh reality is we are actually not saving enough. Research reports reveal that only 15% of the individuals are saving sufficiently for their retired life. Here are a few tips on things to do before you retire so that your retired life is more comfortable and enjoyable.

 

https://holisticinvestment.in/before-retire

 

Regards,

RAMALINGAM K. MBA, CFP,

CHIEF FINANCIAL PLANNER,

HOLISTIC INVESTMENT PLANNER PRIVATE LIMITED.

www.holisticinvestment .in

RM (d)     13 November 2011

hi. they have filed a case with the police to press criminal charges. they have not yet prayed anything. in that case can the police arrest us?


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