Legal Question in Business Law in New York

Re: disilusion of a corporation

Your questions makes no legal sense. A corporation by definition has no partners. Is has shareholders.

Good Luck

RRG

Re: disilusion of a corporation

Unless otherwise provided for in the Certificate of Incorporation, deadlocked shareholders or directors of a corportion must consent to the dissolution otherwise, a petition is required. NY Business Corporation Law 1104.

Re: disilusion of a corporation

Though all depends upon terms of agreement which are taken place between the partners.For every partnership there must be a partnership agreement and if there is no partnership agreement then the same ammount to joint business venture but certainly not partnership.Since in given proposition there is no partnership agreement hence the question of consent of other person is not required for dissolution.

Re: disilusion of a corporation

Generally you may not dissolve a corporation without a majority consent unles you seek a certificate in order to permit this dissolusion.

If you would like further information please feel free to contact my office for a free consultation. You may reach us by emal at the email address provided below, you can call us directly at 2127098303, or visit our website for further free information on corporations at www.cgonzalezlawfirm.com