1. Resolution Through Partnership Deed

• The partnership deed often includes clauses for dispute resolution
  
• It may specify procedures for internal discussion or voting
  
• The deed can define the rights, duties, and authority of each partner
  
• Clear terms help prevent confusion and resolve matters quickly
  
• Well-drafted deeds reduce the chance of legal battles
  

2. Mutual Discussion and Negotiation

• Partners may resolve conflicts through direct conversation
  
• Open communication helps clear up misunderstandings
  
• Negotiation allows flexible and informal solutions
  
• Mutual compromise maintains business relationships and operations
  
• This is the most preferred and cost-effective method
  

3. Mediation or Third-Party Involvement

• A neutral third party may be brought in to mediate the issue
  
• Mediators help facilitate fair and balanced dialogue
  
• This method avoids court involvement and speeds up resolution
  
• It maintains confidentiality and protects business interests
  
• It is suitable for sensitive or personal disputes
  

4. Arbitration as Per Agreement

• Some deeds include an arbitration clause for handling disputes
  
• Arbitration is a formal yet private legal process
  
• An arbitrator’s decision is binding on all partners
  
• It offers quicker resolution compared to courts
  
• This method is legally recognized and enforceable
  

5. Legal Action Through Court

• If internal methods fail, a partner may approach the court
  
• The Indian Partnership Act allows legal remedies for serious disputes
  
• Courts can order the dissolution or removal of a partner if justified
  
• Legal action involves documentation, evidence, and formal procedures
  

It is used as a last resort when all other efforts fail