Apni Law Staff asked 10 months ago
My friend and I started a software firm three years ago, splitting the ownership equally. We’ve built several products, one of which, [website name], is gaining popularity. Everything was managed informally, except for the initial legal paperwork. Now, my partner wants to set up a new company and take [website name] with them without offering me anything.
1. What legal protection do I have under Indian law in this situation?
2. If I file a case, what would happen to [website name]?
Best Answer
Apni Law Staff answered 10 months ago
Under Indian law, you have a legal right to your share of the business, including the website. You can file a lawsuit seeking dissolution of the partnership and division of assets, including the website. The court will likely order the website to be either jointly managed or sold, with the proceeds divided equally between you and your partner.
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