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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

This is a sample legal draft for reference. Review and adapt it for your facts, and 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 ......................

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