1. In this case, if the 2nd partnership deed is signed by all the partners and it’s stated on the deed that it’s an amendatory deed to the earlier made partnership deed, then it is valid. In any other case, it’s not valid.
2. The added partners can file suit against partnership firm when they have valid proof that they are a partner of the firm.
3. They cannot claim any share in profit as the money has been returned to them by the partnership firm.
4. No, the signature authority does not have any right either to pay any share in the property of firm to new partners not to deduct partners share and profit in the property.
5. No, the signature authority with Partner does not have right to make a Resolution against one partner of the Firm without informing him.
6. The balance sheet of the firm has to be signed by the partners of the firm, in case the signature authority does some cheating or fraud then, in that case, all partners together can pass a resolution stating the name of the person whose signature will not be valid for any matter of partnership firm.
I think it would be best for you to hire your Wazzeer to have an expert handle the case while you could stay focus on core business.
over 3 years ago