I would like to seek advise regarding expulsion of a business partner in general partnership.
What would be the basis if we are going to expel a partner?
The partner I want to be expelled is my husband. We are having some marital issues as of now and it is affecting the business.
The business is just 3 months old and he is the main signatory in all of our documentation. He is uncooperative to provide an endorsement for all the business transaction and it affects the business.
He was the one who process the registration of business since I was overseas during the registration. We hold an equal share in the business as per our SEC registration though he really did not give any monetary contribution in setting up the business since he is unemployed for almost 2 years.
All I want is to remove his name from the business registration so legally he will have nothing to do with the business.
Please advise what will be the best step to do.
Thank you so much.
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