Dear All,
i started a bpo company by entering into a partnership with a person. now due to soured relationship of the person i decided to exit the partnership firm and leave the company to him.
we had taken 10lakhs loan in a bank in the firm's name for which i also signed being a partner. i had given 6lakhs more from my personal prospects for the business.
now my questions are..
1. what is the proper way to exit the partnership
2. what paper work should i prepare the 6 lakhs money which i had given already
3. is it possible to be completely relieved from the loan which we had taken from the bank
being not much experienced i am deeply confused. some one please provide me a solution.
