Need advice on dissolving partnership!

cojack101

Hi all,

Hope someone can help me, I'm in a real bind. I'm trying to dissolve a partnership, but one of the partners walked away over a year ago, and we have not been able to contact this person by phone, email, or letter.

Does anyone know how I can close a partnership without having all the partners sign the RBN3?

Thanks again,

Cojack

antoinolachtnai

I don't think RBN3 dissolves a partnership. It relinquishes a business name.

Partnership law is a different thing. I take it there is no partnership agreement.

http://businessandlegal.ie/tag/dissolution-of-partnership

might give you a hint.

Assuming there is no partnership agreement, I understand that what you want to do is quite straightforward under the Partnership Act 1890.

This is a complex area and you should get legal advice specific to your particular circumstances.

kennyb3

This is definitely a legal advice issue.

cojack101

CRO came back to me and said "A declaration made in front of a garda to that effect will suffice."

MrMatisse

I would talk to a solicitor to be sure

dbran

cojack101 wrote: »

CRO came back to me and said "A declaration made in front of a garda to that effect will suffice."

Hi

This just cant be true. If you are involved in a partnership you have very real obligations to your fellow partners, creditors, customers etc that just cant be extinguished by simply turning up at a garda station.

As kennyb3 said this is most definately a legal issue. You as a partner remain legally liable for all the debts and obligations of the partnership. This is why partnerships should be avoided.

Kind Regards


dbran

cojack101

Cheers all.

It was a partnership that never traded!

Just going to see a solicitor about it.

Thanks.