Partnership Preliminary Notice To A Partner To Show An Opportunity Why He Should Not Be Expelled From Partnership
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Preliminary Notice to a Partner to Show an Opportunity why he Should not be Expelled from Partnership
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
____________________
B
Date ____________________..