Legal Question in Banking Law in India

i have purchased stamp paper on dt 8th of arril,but i made the aggement of partnership written effective from 1st april.Trade licence,proffession tax licence,pan card is issued on dt 1st april. But bank is not opening the a/c,saying the partnership deed is invail.what to do?kondly suggest.


Asked on 6/21/14, 7:44 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

21.06.2014

Dear Sir / Madam,

Yes, the Partnership Deed is invalid. You will need to make a fresh Partnership Deed where the date of the deed is after the date of the Stamp Paper.

Regards,

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Answered on 6/21/14, 8:02 am


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