Many partnerships begin with close friends. But everything breaks the moment money enters the picture. Most “silent resentment” cases start when one partner controls everything — bank passwords, business accounts, invoices, suppliers. Without a Partnership Agreement, the law assumes everyone is equal. So when money goes “missing,” it becomes very hard to blame anyone. If your business is running but you still don’t have an agreement, that’s not growth — that’s risk.
“Your Partner Laughs When You Ask for the Accounts?”
That is a massive red flag. Under the Partnership Act 1961, every partner has an absolute right to access business accounts, financial records, and sales documentation. Even if a partner is “quiet” or doesn’t contribute much, the legal rights remain the same. If your partner hides the accounts, that’s not privacy — that’s misconduct.
“You Work More But Earn the Same? Here’s Why.”
Many partners feel unhappy about profit sharing, but don’t understand where the problem started. Without an agreement, the law assumes profits must be shared equally. It doesn’t matter if one partner did 80% of the work and the other disappeared for six months. If you want profit-sharing based on effort, it must be written in the agreement. Otherwise, the law won’t help you.
“Partner Using the Company’s Name for Private Deals.”
This isn’t “being resourceful.” It’s wrong. A partner cannot take personal profit from suppliers, clients, or side jobs unless all partners agree. If they do it secretly, it is a breach of fiduciary duty. Keep your evidence — every screenshot matters.
“Your Partner Suddenly Changes All the Passwords.”
If this happens — don’t panic. Take legal steps. Unilateral access control without consent is a breach of partnership duties and may amount to criminal breach of trust. All digital assets — Instagram, WhatsApp Business, bank accounts, CRM — belong to the company, not to one partner. Freeze access first. Not everything requires drama — there are legal routes to fix this. In a notable civil decision (case reference: Company A v Partner B, 2018 — names anonymised), the court held that digital accounts are company assets, even if registered under one partner’s personal name. Changing passwords without notice was ruled as misconduct because it obstructed the other partners from managing the business.
“Want to Remove a Useless Partner? Slow Down.”
Without an expulsion clause, you actually cannot remove a partner whenever you feel like it. A partner can only be removed if all partners agree, there is a clear clause in the agreement, or you file a court action for dissolution. Don’t attack first. Understand the process — that’s how you win.
“When Everything Falls Apart… Can You Recover Anything?”
Many people wait until the partnership is completely broken before seeking legal help. You can claim for secret profits taken by the partner, compensation for breach of duty, dissolution or winding up, and even freeze the accounts if necessary. The most crucial part is documentation — invoices, receipts, WhatsApp messages, access logs. Partners can be replaced. Records cannot. Keep everything.
