Preliminary Notice To A Partner To Show An Opportunity Why He Should Not Be Expelled From Partnership Legal Draft Template
| Category | Agreements Partnership |
| Format | |
| File name | Preliminary Notice to a Partner to Show an Opportunity why he Should not be Expelled from Partnership |
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Industry-standard template for reference. Adapt it with DraftPilot (AI copilot), compare clause-by-clause in our comparison workspace, or download and edit offline. Consult a qualified advocate before filing or execution.
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Date
.......................TO......................................................................................................................Dear Sir,1.
In
terms of clause ........................ of Deed of Partnership dated
.................... we hereby give you notice that we propose to exercise the
power given to us by clause ................ of the Deed of Partnership dated
.................. to expel you from the partnership on the ground that you are
carrying on the business of ......................... at ......................
in contravention of the provisions of clause ................ of the Deed of
Partnership and thereby not been able to devote your whole time and attention
to the business of the partnership.2.
We
hereby invite you to attend a meeting of the partners on ....................
at .............. A.M. to give you an opportunity to show cause about the above
ground and if possible to satisfy us that you are not carrying on the business
of ................... at ........................ and devoting your whole time
and attention to the partnership business.3.
If
you fail to attend the said meeting, it will be presumed that you have nothing
to say and the decision in terms of clause ................... of the Deed of
Partnership will be taken on the material available in the interests of the
firm.Yours
faithfully,....................A....................BDate ......................