Legal Question in Business Law in India

Sir, I am a partner of 10% share in aregd partnership firm of our family and under firm we are running a factory. The land is on the name of our firm because it was purchased through a court-decree from one of our retired ex-partner, by our firm through its partners(us). In patwari�s record(jamabandi), I am also a shareholder of 10% land-part and according to them I can sell my 10% share of land individually at any time on the behalf of that jamabandi (patwari�s record).
Now my question is that, can I sell legally my 10% share of land or the whole land will be sold by the firm not by individuals?

Asked on 9/10/12, 7:12 pm

Aniruddha Pawse Aniruddha.P.Pawse Advocates

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If the 10% land can be separated from other part without any hindrance then you can sell the same with the consent of other partners.

Answered on 9/11/12, 3:39 am

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