My business partner and I started a telecom office as a partnership, representing Tata Docomo. Now, my partner wants to take over the entire business. Our company policy requires him to have his own space or a registered agreement to start a new firm. We have a registered agreement for our current office. He claims he’s made arrangements with the landlord for a new agreement. How can I prevent this new agreement from being finalized, considering our existing registered agreement?

Apni Law
Apni Law
Law Forum › Category: Landlord / Tenant › My business partner and I started a telecom office as a partnership, representing Tata Docomo. Now, my partner wants to take over the entire business. Our company policy requires him to have his own space or a registered agreement to start a new firm. We have a registered agreement for our current office. He claims he’s made arrangements with the landlord for a new agreement. How can I prevent this new agreement from being finalized, considering our existing registered agreement?
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Apni Law Staff asked 1 year ago

My business partner and I started a telecom office as a partnership, representing Tata Docomo. Now, my partner wants to take over the entire business. Our company policy requires him to have his own space or a registered agreement to start a new firm. We have a registered agreement for our current office. He claims he’s made arrangements with the landlord for a new agreement. How can I prevent this new agreement from being finalized, considering our existing registered agreement?

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Best Answer

Apni Law Staff answered 1 year ago

Under Indian law, you can challenge the new agreement as it violates your existing registered partnership agreement. You can seek an injunction from a court to prevent the landlord from finalizing the new agreement, arguing that your existing agreement grants you exclusive rights to the premises.

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