Partnership business

Manjunath (Querist) 19 October 2012 This query is : Resolved
Hello,
I am Manjunath from Bangalore.
I have received the 2 cheque for Rs.3,50000/- from one of my friend for settlement of a partnership business now the cheque got bounce we have not signed the any document yet,what we can do next pls. advise.

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Anirudh (Expert) 19 October 2012
There is neither any Head nor any tail to your story.

What do you mean by Settlement of Partnership business?

Do you mean to say that both of you proposed to start a partnership firm, for which he gave Rs. 7 lakhs as his capital through cheque - and that cheque got bounced?

Rajeev Kumar (Expert) 19 October 2012
Please supply the adequate information.

MohammedRaffiq Bijapur (Expert) 20 October 2012
matter can be settled between yourselves.

Arun Kumar Bhagat (Expert) 13 November 2012
"...we have not signed the any document yet,what we can do next pls. advise."

Ans: Very simple get the document signed.

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