Draft Partnership Deed – Under Partnership Act

Draft Partnership Deed – Under Partnership Act

PARTNERSHIP DEED

This deed of partnership executed on the …………….day of ………..by and between Shri…………….. S/o…………… ……aged about ………………..years, R/o……………….of the one part and Shri ……………….S/o…………………… aged about …………….. Years, R/o…………….of the other part witnesseth that the aforesaid parties have become partners on the following terms and conditions, namely:

  1. The firm’s name shall be………………………
  2. The firm shall commence business s on the …………… day of ……………………….
  3. The partnership shall be a partnership at will.
  4. The business of the firm shall be in…………..or such other goods or services as may be mutually agreed upon by the partners.
  5. The business of the firm shall be carried on …….. &/or at such other place or places as may be mutually agreed upon by the partners.
  6. The capital of the firm shall be Rs……………..to be contributed by the partners equally .
  7. The net profit of the firm shall be divided between the partners equally and they shall bear all losses in the same proportion.
  8. All other matters relating to the firm shall be decided by the partners by mutual agreement in witness whereof the parties

Witness: 1………………..

2………….                                                          First Party……………..

[Name and address]                                       Second Party ………….

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to top
हिंदी में पढ़ें