Search Results

Partnership Agreement between Two Partnership Firms This Deed of Partnership is made at ... on this... day of... Between M/ s A B & Co. a partnership firm consisting of (1)... (2)... (3)... partners and carrying on business at ... hereinafter referred to as the Party of the First Part and M/s. X Y & Co. a partnership firm consisting of (1)… (2) ... (3).... (4).... as partners and carrying on business at ... hereinafter referred to as the Party of the Second Part, as follows Whereas the Party of the First Part Is carrying on business at ... and the business consists of …………………... And Whereas the Party of the Second Part is carrying on business at... and the business consists of ………………. And Where as the parties hereto have proposed to commence and carry on a third business In partnership on the following terms and conditions and have proposed to execute this Deed. Now it is Agreed by and between the Parties hereto as Follows: 1.     The parties hereto agree to carry on the business hereinafter mentioned in partnership on the terms and conditions herein mentioned, in the name and style of M/s …………….... 2.     The Partnership shall commence from the .... day of .... 19 ... and the period of the partnership shall be for three years from the date hereof. 3.     The business of the partnership (hereinafter referred to as the 'Firm') shall consist of ... only and no other business shall be undertaken by the Firm except by mutual consent of all the partners. 4.     The Office of the partnership shall be at ... The parties may open branches at such other places as they may be agreed upon. 5.     Each of the parties of the First and Second Parts have contributed towards the initial capital of the firm a sum of Rs... In equal ... shares. The partners will contribute such further amounts towards the capital of the firm in equal .... shares as may be required from time to time. If any party of the First or Second Part or any partner of any of the said partnership individually shall contribute more amount than its share in the capital, it will be treated as a loan by that party to the Firm. The amounts of capital contributed or loans advanced by any partner or partners will carry Interest at the rate of 1 8% per annum or at such maximum rate as may be allowable as deduction from gross Income under the Income Tax Act for the purpose of calculating taxable income. 6.     The net profits and losses of the firm will be shared by the parties of the First and Second Parts in equal shares or proportion. Net Profit will mean the gross profits earned in such year less the expenses of the management of the business including the rent of the premises of the firm Including outgoings In respect of the salaries and wages of the staff, commission paid to others, and all other expenses incurred In connection with the business. The share in the net profits and/or losses of each partner of the First Part and of the Second Part will be shared or distributed among the partners of each of the partners of the First and Second Part according to the partnership agreements between the partners of each of the parties hereto of the First and Second Part recorded in the deeds of partnership of their respective partnerships above mentioned. 7.     The accounting year of the Firm will be from 1st April to 31st March of each Christian calendar year. 8.     At the end of each accounting year an account of the business carried on by the Firm In that year will be made and a statement of accounts namely a Balance Sheet and Profit and Loss Account will be prepared and signed by the authorised representatives of each party hereto. If necessary or required by law the accounts will be got audited by a Chartered Accountant. 9.     The Books of account and all other record of the firm will be always kept at the office of the Firm and will be open for inspection by any of the authorised representatives of the parties hereto at any time. 10.  Each of the Party of the First and Second Part will be represented by any partner of that party duly authorised by the other partners of that party from time to time, and the authorised representatives alone will be entitled to attend to the business of the firm and the other partners of that party will not Interfere in the business of the Firm. The true copies of the resolutions of the partners of each of the Parties of the First and Second Part appointing their respective representatives, duly signed by all the partners of that party will be kept in the records of the Firm. The representative so appointed will act as the working partner for the accounting year for which he will be appointed as representative of his Firm. The working partners will be entitled to remuneration at the maximum rate allowable as deduction from gross income under the Income Tax Act for taxable income.' Such remuneration may be drawn every month or periodically as may be agreed upon. the aggregate drawn in a year not exceeding the maximum limit mentioned above. 11.  In the event of any difference of opinion between the two authorised representatives, on any question relating to the business of the Firm the matter will be placed before a joint meeting of all the partners of each of the parties hereto of the First and Second Part and discussed. But the matter will not be decided on the basis of majority of the partners of both the partnerships but only on the mutual consent of all the partners. 12.  Each of the Parties of the First and Second Part hereto will be entitled to change the constitution of its partnership by taking additional partner or partners in place of those retiring from the partnership or by reason of death or insolvency of any partner. but such change will be notified to the other Party hereto from time to time. 13.  The expressions Party of the First Part will therefore mean and include the partners or partner for the time being of that partnership and the expression "Party of the Second Part" will also mean and include the partner or partners for the time being of that partnership. But no change In the constitution of the party of the First Part or the party of the Second Part will affect the terms and conditions of this Deed. All partners each of the party hereto for the time being shall be deemed to be partners of this Firm and the half share in the profits and losses of the Firm will shared by the parties of each of the Parties hereto In proportion to their shares in their respective firms being the Parties of the First and the Second Part hereto. 14.  Each of the Party of the First Part and Second Part will be entitled to carry on its own business but none of them will carry on said business undertaken by this partnership, directly or indirectly during the continuance of this partnership. 15.  All the working staff such as clerks. peons. accountants, cashier, salesmen and others will be appointed by the joint consent of the authorised representatives of the parties hereto and their wages and salaries and other emoluments will be fixed by mutual consent of the authorised representatives. 16.  Each of the Party hereto through its authorised representative shall- a.     participate and attend to the business of the firm to the greatest common advantage of the firm. b.    be just and faithful to each other. c.     render true accounts and full information of all moneys affecting the Firm to the other. d.    indemnify the Firm for any loss caused to it by wilful negligence or fraud In the conduct of the business. e.     Not carry on any business similar to the business of the Firm anywhere without the consent of the other party. f.     attend to the business of the Firm diligently and actively. g.    Not withdraw any amount for his own or his partnerships benefit or use as remuneration or otherwise without the consent of the other Party hereto. h.     be entitled to be indemnified by the Firm in respect of payment made and liabilities incurred by him - (i) in the usual and proper course of business of the Firm and (ii) in doing any act for protecting the Firm from loss in emergency. 17.  All the tangible and Intangible assets of the Firm including the goodwill, stock-in-trade, benefit of business licenses and permits. benefits of contracts entered etc. will belong to the parties of the First & Second Parts in equal shares and the property of the Firm shall be used by the parties exclusively for the business of the firm. 18.  Every Party shall account for the profit earned from any transaction of the Firm or for the use of the property in business transaction of the Firm. 19.  Any Party of the First or Second Part or any partner thereof shall not. without the consent of the other – a.     submit any dispute with any other person to arbitration or com- promise or relinquish the claim. b.    withdraw any suit or legal proceedings filed by the Firm. c.     admit any liability of the Firm. d.    acquire or dispose of any immovable or moveable property, except the stock in trade in the ordinary course of business. e.     enter Into partnership or other business unilaterally with any other person. f.     assign or transfer his share or any interest in the Firm. g.    admit any person as a partner in the Firm. h.     borrow any moneys for or in the name of the Firm, or create any security or charge on the assets of the Firm. i.      enter into any contracts except contracts in the regular course of business of the Firm. j.      stand as a guarantor or surety for any person in the name of the Firm or for and on behalf of the Firm. 20.  The parties shall open in the name of the Firm one or more accounts either current. saving or overdraft or cash credit with one or more banks as may be agreed upon by the partners and the account or accounts will be operated by the authorised representatives of the parties hereto jointly. 21.  The Partnership shall stand dissolved on the expiration of the said period of 3 years unless by mutual consent the period is extended by any additional period in which event the partnership will continue on the same terms and conditions as are herein contained subject to such modification as may be mutually agreed. 22.  Notwithstanding anything herein contained to the contrary if any of the Party of the First Part or the Party of the Second Part is or a majority of the partners of any of the parties hereto are adjudged insolvent or dissolved for any reason, this partnership will also stand dissolved. 23.  On dissolution of the partnership hereby created accounts will be made of all assets, debts, and liabilities and subject to payment of the debts and liabilities, the net assets will be distributed between the parties, of the First Part and of the Second Part in equal shares. 24.  This partnership will be registered under the Income Tax Act, 1961, and the Partnership Act, 1932 and the application for registration or a true certified copy of this deed will be signed by all the partners of both the parties hereto. 25.  If any dispute or difference shall arise between the parties hereto touching the business of the firm or Interpretation of any provision hereof or otherwise, howsoever, relating to the Firm and its business, the same shall be referred to arbitration of a common arbitrator if agreed upon, failing which to two arbitrators one to he appointed by each party of the First Part and party of the Second Part, to the arbitration and the arbitration shall be governed by the Arbitration & Conciliation Act, 1996. 26.  This Deed is executed In duplicate and one copy will remain with the Party of the First Part and the other will remain with the Party of the Other Part. IN WITNESS WHEREOF the parties have put their respective hands the day and year first hereinabove written. Signed and delivered for and on behalf of the Party of the First Part by its partners (1) ... (2) ... (3) ... In the presence of ... Signed and delivered for and on behalf of the withinnamed Party of the Second part by its partners (1) ... (2)... (3) ... (4)... in the presence of. Download Word Document In English. (Rs.20/-) Download PDF Document In Marathi. (Rs.15/-)

Partnership Agreement between an Individual, a Partnership Firm and a Company This Deed of Partnership Is made at ... on this ... day of... between Mr. 'A' residing at ... hereinafter referred to as the 'Party of the First Part' M/s. A B & Co. a Partnership firm, consisting of (1) ..... (2) ..... and (3) ..... as partners and having their office at... hereinafter referred to as 'the Party of the Second Part'. and M/s. X Y Z Co. Pvt. Ltd., a Company registered under the Companies Act, 1956, and having registered office at ... herein- after referred to as 'the Party of the Third Part'. Whereas the Party of the First Part has registered a Patent bearing Registration No... In his name which is intended to manufacture several products mentioned in the Schedule hereunder written. The Party of the First Part As, however, handicapped for want of finance. And Whereas the Party of the Second Part is carrying on business of sales agents and has gained lot of experience in salesmanship. And Whereas the Party of the Third Part is carrying on several businesses including that of financing and has also factory premises which can be used for manufacturing the said products. And Whereas the parties, under the circumstances, have come together and decided to do business in partnership with a view to exploit, the said Patent to the maximum extent for the benefit of all of them on the following terms & conditions. Now it is agreed by and between the parties hereto as follows:- 1.     The parties hereto agree to carry on the business hereinafter mentioned In partnership on the terms and conditions herein contained, in the name and style of M/s………………….. 2.     The partnership shall commence from the ... Day of... And the period of the partnership will he at Will. 3.     The business of the partnership (hereinafter referred to as 'the Firm') shall consist of manufacturing, buying and selling the products mentioned In the Schedule hereunder written, with the help of the Patent rights acquired by the Party of the First Part. 4.     The office of the partnership shall be at ... The Parties may open branches at such other places as may be agreed upon. 5.     The Parties of the First, Second and Third Part have contributed equally a token capital of Rs... Each. All the finance required to carry on the business will be supplied by the Parties of the Third Part and that Party will be entitled to charge interest thereon at 18 per cent per annum or at such maximum rate as may be allowable under the Income Tax Act. The Parties may also agree to borrow any moneys from any Bank or other financial Institution. 6.     The Party of the First Part agrees to make available and to grant a formal license to the partnership to use and exploit the said Patent no... Together with all plans. Models and drawings relating thereto during the subsistence of the partnership and the license will not be terminable so long as the firm continues whether the party of the first part is a partner thereof or not. 7.     The Party of the Second Part agrees to undertake the work of selling the products as well as to buy all raw materials required for the same and for that purpose agrees to utilise all the services of Its subagents and distributors engaged in the other businesses carried on by the Party of the Second Part and to allow the use of its depots and selling centres at different places. The Party of the Second Part will be entitled to charge separately commission at the rate of ... Per cent for the sale of the products but will not be entitled to charge separately overhead expenses incurred for effecting such sales. 8.     The Party of the Third Part agrees to allow the partnership to use the premises of the factory of the Party of the Third Part situate at ... And for which the Partnership will pay a nominal rent of Rs... Per month. The Party of the Third Part will also make available the use of the machinery. Electric power and other amenities available for the manufacture of the said products. 9.     Nothing herein contained will prevent the parties of the Second an Third Part from carrying on their respective businesses at present carried on or that may hereinafter be undertaken. 10.  The Party of the First Part will, however, exclusively devote his skill, knowledge and time in the manufacture of the said products. 11.  If any capital assets are purchased or otherwise acquired by the Firm, they will belong to the Parties in equal shares. 12.  So far as the Party of the Second Part is concerned it will be represented by any one of the partners thereof authorised by the other partners and will have only one vote in the meeting of the partners. 13.  The Party of the Third Part will be represented by its Managing Director or any other person duly authorised for the time being. 14.  The net profits and losses of the firm will be shared by the Parties hereto in equal shares or proportion. Net Profit will mean gross profit earned in such year less the expenses of the management of the business including the rent of the premises of the firm the outgoings in respect of the salaries and wages of the staff, administrative expenses, commission paid to others and all other expenses Incurred In connection with the business of the firm and expenses that will to be allowed to be deducted under the Income Tax Act, 1961. The share in the profits and losses of the Party of the Second Part in the Firm will belong to each of the Partners of that Party in the same proportion as provided in the deed of partnership of the Party of the Second Part. 15.  The accounting year of the Firm will be from 1st April to 31st March of each Christian Calendar Year. 16.  At the end of each accounting year an account of the business carried on In that year will be made and a statement of accounts namely a Balance Sheet and Profit and loss account will be prepared and signed by the partners. If necessary or required by law the Accounts will be got audited by a Chartered Accountant. 17.  The Books of account and all other record of the firm will be always kept at the office of the firm and will be open for Inspection by any of the parties hereto at any time. 18.  All the working staff such as clerks, peons, accountants, cashier, salesmen and others will be appointed by the joint consent of the Parties hereto and their wages and salaries and other emoluments will be fixed by mutual consent of the Parties hereto. 19.  Subject to what As otherwise herein provided, each of the Party hereto shall - a.     participate and attend to the business of the firm to the greatest common advantage of the firm. b.    be just and faithful to each other. c.     render true accounts and full information of all moneys affecting the Firm to the other. d.    Indemnify the Firm for any loss caused to it by wilful negligence or fraud in the conduct of the business. e.     not carry on any business similar to the business of the Firm without the consent of the other partner/s. f.     attend to the business of the Firm diligently and actively, g.    not withdraw any amount for his or Its own profit benefit or use as remuneration or otherwise without the consent of the other, h.     be entitled to be indemnified by the Firm in respect of payments made and liabilities incurred by him – i.      in the usual and proper course of business of the Firm, and j.      in doing any act for protecting the Firm from loss in emergency. 20.  All the tangible and intangible assets of the firm including the goodwill, stock-in-trade, benefit of business licenses and permits, benefits of contracts entered etc. will belong to the parties In equal shares and the property of the Firm shall be used by the parties exclusively for the business of the firm. The rights of the party of the First Part in respect of the said Patent will continue to belong to that Party and the Firm will he entitled to the user's rights in respect thereof during the subsistence of the partnership. 21.  Every Party shall account for the profit earned from any transaction of the Firm or from the use of the property in business transaction of the Firm. 22.  The Party of the First Part will be entitled to draw every month a sum of Rs... or such other amount as may be agreed between the parties from time to time and allowable under the Income Tax Act as deduction and the said amount will be exclusive of his share in the net profits of the Firm. 23.  Any Party hereto shall not, without the consent of the other - a.     submit any dispute with any other person to arbitration or com- promise or relinquish the claim, b.    withdraw any suit or legal proceedings filed by the Firm. c.     admit any liability of the Firm, d.    acquire or dispose of any immovable or moveable property, except the stock in trade In the ordinary course of business, e.     enter into partnership or other business unilaterally with any other person. f.     assign or transfer his share or any interest in the Firm, g.    admit any person as a partner in the Firm. h.     borrow any moneys for or in the name of the Firm, or create any security or charge on the assets of the Firm. i.      enter Into any contracts except contracts In the regular course of business of the Firm, j.      stand as a guarantor or surety for any person in the name of the Firm or for and on behalf of the Firm, 24.  The Parties shall open in the name of the Firm one or more accounts either current. saving or overdraft or cash credit with one or more banks as may be agreed upon by the Parties and the account or accounts will be operated by any two of the Party of the First Part, the authorised partner of the Party of the Second Part and the Managing Director or other authorised person of the Party of the Third Part. 25.  If any party hereto desires to retire from the Firm he shall give to the others at least three months' previous notice to that effect and on the expiration of the notice period, the Party shall be deemed to have retired. No one Party hereto shall be entitled to dissolve the partnership. 26.  If any partner retires from the Firm he will not be entitled to carry on the same or similar business as that of the Firm, within an area of two kilometres from the office of the Firm and for a period of two years from the date of retirement and he shall not carry on any business in the same name as that of the Firm. until the partnership Firm is fully dissolved and wound up. 27.  The winding up of the Party of the Third Part (voluntarily or by order of the Court) or the insolvency of the Party of the Third Part. will not dissolve the Firm but such party on winding up or insolvency will cease to be a partner hereof and shall be deemed to have retired from the Firm. 28.  Notwithstanding any thing herein contained to the contrary a retiring partner or its legal representatives shall not be entitled to make any claim for the goodwill of the Firm. 29.  If any dispute or difference shall arise between the parties hereto touching the business of the Firm or Interpretation of any provision hereof or otherwise, however, relating to the Firm and Its business, the same shall be referred to arbitration of a common Arbitrator if agreed upon, failing which to arbitrators one to be appointed by each party to the arbitration and the arbitration shall be governed by the Arbitration & Conciliation Act, 1996. 30.  The parties shall, as early as possible, but in any event within the prescribed period get the Firm registered under the Partnership Act, 1932, as well as under the income Tax Act. 1961. 31.  This Deed is executed in triplicate and one copy will remain with each of the Party of the First Part, the Party of the Second Part and the Party of the Third Part. IN WITNESS WHEREOF THE parties have put their respective hands the day and year first hereinabove written. Signed and delivered by withinnamed party of the First Part Mr. A In the presence of ... Signed and delivered by the withinnamed party of the Second Part by its partners 1 .... 2.....3..... in the presence of ... Signed and delivered for & on behalf of the withinnamed Party of the Third Part by its Managing Director Mr. in the presence of ... Download Word Document In English. (Rs.20/-)

Agreement Admitting a Minor to the Benefit of Partnership This Agreement is made at this ......... day of ......... between Mr. A of the First Part, Mr. B of the Second Part and Mr. C of the Third Part and Shrimati X for self and as the natural guardian of her minor son Y of the Fourth Part. Whereas the parties hereto of the First Second and Third Parts have been carrying on business in partnership alongwith Mr. D In terms of deed of partnership dated ......... entered into by the said partners. And Whereas the said D died on the day of ......... leaving his widow X and a minor son named Y as his heirs. And Whereas the said X made a claim for the share of the said D In the assets of the said partnership including goodwill and undistributed profits . And Whereas the said claim has been settled between the parties hereto of the first, second and third parts and the said X and It Is agreed that the said X for self and as the natural guardian of the said minor Y shall be paid a sum of Rupees .......... in full payment of the share of the said deceased partner D In the capital assets including goodwill of the said partnership and that the said Y shall be admitted to the benefits of the partnerships by paying a share of 5% In the net profits of the firm. And Whereas the said amount of ......... has been paid to the said X before the execution of these presents partly in cash and partly in securities In the nature of units of the Unit Trust and purchased in the name of the said X and the said minor Y jointly in order to safeguard the interest of the said Y and the said X hereby acknowledges receipt of the said amount in full and declares that she for self and as the natural guardian of the said Y. has no claim against said firm on account of the share of the said deceased partner D. And Whereas the parties hereto of the first, second and third parts further agree that they hereby admit minor Y to the benefits of the said partnership by paying him a share of 5% in the net profits of the said partnership. He will not be liable to pay any part of the losses of the said firm. And Whereas the parties of the first, second and third parts agree and declare that they will pay the amount of the said share of the minor Y in the net profits of the firm within three months from the end of the accounting year. And Whereas it is further agreed and declared that in view of the share given to the said Y in the profits of the firm the shares of the partners of the first. second and third parts in the profits of the firm will be readjusted and shall be as follows- Mr. A's share will be ......... 35% Mr. B's share will be ......... 35% Mr. C's share will be ......... 25% However the losses of the partnership will be borne by the parties of the first, second and third parts equally. And Whereas it is further agreed and declared that on the said minor attaining the age of 18 years. he will be admitted as a partner In the said firm if the partnership continues till then, on such terms as may be agreed between all the then partners and the said D but not otherwise. And Whereas subject as aforesaid the parties of the first, second and third parts will continue to carry on the business in partnership in terms of the said deed of partnership above recited. And Whereas amendment made by this deed in the constitution and terms of the partnership will be registered as required by the Partnership Act, and the Income Tax Act within the prescribed terms. IN WITNESS WHEREOF the partners have put their hands the day and year first hereinabove written Signed by the withinnamed Mr. A in the presence of Signed by the withinnamed Mr. B in the presence of Signed by the withinnamed Mr. C in the presence of Signed by the withinnamed Mr. X for self and as natural guardian of Y a minor in the presence of Download Word Document In English. (Rs.10/-) Download PDF Document In Marathi. (Rs.10/-)

Form of giving Notice of Change of Constitution of the Firm Firm Name Registered Address 1.     I being a partner in the above mentioned firm .......................... an agent of a partner in the above mentioned firm .......................... a person specially authorised by a partner in the above mentioned firm to give notice in this behalf hereby give notice that- a.     the constitution of the firm has changed as follows: 1.      Mr./Messrs. ………………………………………………….. of has/have joined the firm as new partner/partners on 2.      Mr/Messrs. …………………………………………………… of has/have retired as partner/partners of the firm with effect from b.     the said firm has been dissolved on ……………………. I declare that all the above particulars are true to the best of my knowledge and belief as on this date. We/I also declare that up to the date of submission of this application there has not been any change in any of the particulars previously intimated save and except the change notified above. Dated this .................. day of ................., 2000. ......................... Signature Certified that the person who has signed this notice has signed it in my presence and he has affirmed that the particulars furnished therein are true. In the case of person not conversant with the English language, the contents of the above particulars have been explained to him in a language familiar to him and he has affirmed the truth thereof. ......................... Signature of the witness Notes: 1.      Strike out item (a) or (b) whichever is not applicable. 2.      Give dates according to the English calendar. 3.      In case there is only one person left the firm should be considered as dissolved and the form should be filled in accordingly. 4.      This notice must be signed by a partner or his agent specially authorised in this behalf in the presence of witness who must be a Gazetted Officer, a Justice of the Peace, a Magistrate, an Attorney of the High Court, an Advocate, a Pleader or a Chartered Accountant. Download Word Document In English. (Rs.5/-) Download PDF Document In Marathi. (Rs.5/-)

Agreement Admitting Minor to the Benefits of Partnership This Agreement made at ............... on this......... day of ..........., 2000, between A son of ............... resident of ......................... of the FIRST PART, B son of .................. resident of .................. of the SECOND PART and C son of .................... resident of ................. of the THIRD PART. Whereas the parties hereto are carrying on the business of .................... in partnership under the name and style of M/s. ................................... at ......................................... upon the terms and conditions mentioned in the Deed of Partnership dated ................... And Whereas the parties have agreed to admit the minors D and E to the benefits of the partnership. NOW THIS AGREEMENT WITNESSETH AS FOLLOWS: 1.     Shri D son of ............................................... minor (Date of birth), resident of .................................. shall be admitted to the benefits of partnership between A, 8, and 0 in terms of Deed of Partnership dated ............ from the date of these presents. 2.     The net profits of the partnership shall be arrived at after providing for payment of remuneration to the working partners and interest to the partners as provided shall be divided among the partners in the following shares and proportion:                        i        A 30 paise in a rupee in the net profits 40 paise in a rupee in the net losses.                       ii        B 30 paise in a rupee in the net profit 40 paise in a rupee in the net losses.                      iii        C 30 paise in a rupee in the net profit 20 paise in a rupee in the net losses.                      iv        D 10 paise in a rupee in the net profits Minor's share. 3.     It is also agreed that the said minor D shall be entitled to the benefits of partnership and shall not be personally liable for any obligations and liabilities of the firm but his share in the profits of the firm shall be liable for any obligations and liabilities of the said firm and pending the said minor attaining majority, his share in the profit of the partnership shall be accumulated to the credit of the minor, so as to be available to meet his share of loss, if any incurred by the firm at any time during his minority. Subject to modifications made by this agreement, all other terms and conditions in the partnership deed dated ....................... executed between A of the one part, 8 of the second part and C of the third part shall, remain unchanged and shall be binding on all the parties hereto. IN WITNESS WHEREOF, the parties hereto have hereunto set and subscribed their respective hands the day, month and year first hereinabove written. Signed and delivered by the within named A Signed and delivered by the within named B Signed and delivered by the within named C WITNESSES; 1. 2. Download Word Document In English. (Rs.5/-) Download PDF Document In Marathi. (Rs.5/-)

Agreement introducing a New Partner in the Existing Partnership This Agreement made at ........................... this ............ day of ....................., 2000, between A, son of .................... resident of .............................. B, son of ........................... resident of ............................... (hereinafter collectively called the partners) of the ONE PART and C, son of .................................... resident of ................................ (hereinafter called the new partner) of the OTHER PART. Whereas the partners are carrying on the business of ............. under the name and style of M/s. ................................................... at .................. in terms of Deed of Partnership dated .................... And Whereas on the request of the new partner, the partners have agreed to introduce him as a partner in the partnership and in consideration of the new partner contributing the sum of Rs. .............. towards the capital of the partnership of the partners. It is mutually agreed as follows: 1.     This Agreement is supplemental to the deed of partnership dated .................... made between the said partners. 2.     From the date hereof, the said new partner shall be a partner with the partners subject to the terms and conditions of the said partnership deed except in so far as the same are varied by this agreement. 3.     The capital of the partnership shall be Rs. ........... contributed by the parties hereto in equal one-third shares and the partners shall be entitled to share the profits and bear the losses of the partnership in proportion to their respective shares in the partnership. 4.     The old partners shall be liable for the debts, liabilities and obligations of the old partnership and they shall indemnity and keep indemnified the new partner and also all the assets and rights of the partnership firm against such debts, liabilities and obligations and against all proceedings, costs, claims and expenses in respect thereof. 5.     Except as modified by this agreement, the said partnership deed of date ....................... shall hereafter be read and construed as if the same had been executed by the partners and new partner hereto. IN WITNESS WHEREOF, the parties hereto have set and subscribed their hands, the day and year first hereinabove written. Signed and delivered by the within named A Signed and delivered by the within named B Signed and delivered by the within named C WITNESSES; 1. 2. Download Word Document In English. (Rs.5/-) Download PDF Document In Marathi. (Rs.5/-)

Deed of Dissolution Where the Business is Continued by Some Partners This Deed of Dissolution made at ............................ this .............. day of ......................... 19......... between a, son of ................................... resident of ............................... and B, son of ........................ resident of ........................... (hereinafter collectively called as "Continuing Partners") of the ONE PART and C, son of ......................... resident of .......................... (hereinafter called as "Retiring Partner") of the OTHER PART Whereas The parties hereto were carrying on the business of carrying on ................. under the name and style of M/s. ......................... at ........................... under the terms of a Deed of Partnership dated ........................... made between them. And Whereas the retiring partner has indicated his desire to retire from the partnership. And Where as the partners have agreed to dissolve the said partnership in the manner hereinafter appearing. NOW THIS DEED WITNESSETH AS FOLLOWS: 1.     That the retiring partner shall retire from the partnership from the date of these presents, but the partnership between the continuing partners will continue on the terms of the said Deed of Partnership as modified by this deed. 2.     That the accounts of the assets and liabilities of the said partnership have been taken and a Balance Sheet of the same has been prepared and signed by the partners showing the net value of assets of the firm at Rs. ................... after deducting the debts and liabilities thereof and the value of the share of retiring partner has been computed at Rs. ................ and the continuing partners have paid the said sum of Rs. ................ to the retiring partner vide D.D. No. ............... dated .................. drawn on ................... Bank ...................... .................. Branch, ........................ (the receipt whereof the retiring partner hereby acknowledges). 3.     That in consideration of the said Rs. .................. paid by the continuing partners to the retiring partner, the retiring partner hereby assigns to the continuing partners all the share and interest of the retiring partner and in the goodwill, book debts, credits and all property, cash in hand and at the bank and chattels of or belonging to the partners hereto in connection with the partnership TO HOLD unto the continuing partners in equal shares absolutely. 4.     The continuing partners hereby jointly and severally covenant, with the retiring partner to pay, discharge and fulfil all debts, liabilities and obligations of the partnership and at all times to indemnify and keep indemnified the retiring partner and his legal representatives, estate and effects and from all proceedings, costs, claims and expenses in respect thereof. 5.     The retiring partner hereby covenant to execute such deeds or other documents as may be required for releasing his share and interest in the partnership and leasehold premises to the continuing partners. 6.     The retiring partner hereby irrevocably appoints the continuing partners his attornies, in his name, solely or jointly with the continuing partners to collect all assets, and property of the partnership and to demand, sue, recover and receive and to sign and give full and effectual receipts and discharges for all the debts, estate and effects of or due or owing or in anywise belonging to the partnership and to settle all accounts and matters relating thereto and to compound, compromise or release all or any of the debts or claims belonging to the partnership and to institute suits, actions or other proceedings for compelling payments, discharge or delivery thereof and to appoint a substitute or substitutes for any of the purposes aforesaid from time to time and at any time to remove any substitute and generally to do all such acts or things as may be necessary or expedient for the vesting of rights and assets in the continuing partners hereby assigned. 7.     The retiring partner shall not carry on or be concerned or interested in the business of ...................... within the city of .................. either, directly or indirectly, alone or jointly with or as director, manager, agent or employee of any other company, firm corporation or person. 8.     The capital of the partnership shall belong to the continuing partners in equal shares and the profits and losses of the partnership (including profits and losses of capital nature) shall belong to and shall be borne by the continuing partners in equal proportion. 9.     The continuing partners will give due notice of retirement of retiring partner through the gazette, newspapers and by circulars to all persons, firms and bodies with whom the partnership has had dealings. The continuing partners shall also file necessary forms with the Registrar of Firms ............... and Assessing Officer ................... regarding the retirement of retiring partner and change in the constitution of the said firm. 10.  The said Deed of Partnership as modified by this deed shall remain in full force and effect as between the continuing partners. IN WITNESS WHEREOF the parties have hereunto set their hands the day and year first above written. Signed and delivered by the within named A Signed and delivered by the within named B Signed and delivered by the within named C WITNESSES; 1. 2. Download Word Document In English. (Rs.10/-) Download PDF Document In Marathi. (Rs.10/-)

Agreement Modifying the Partnership Deed This Deed is made at ................ on this .................. day of ............., 2000, between A, son of ....................... resident of .................... of the ONE PART and B, son of ................... resident of ...................of the SECOND PART and C, son of ......................... resident of ................................... of the THIRD PART. Whereas the parties hereto are carrying on the business of ............... under the name and style of M/s. ......................................... at .................... upon the terms and conditions contained in Deed of partnership dated ............................; And Whereas clause ............................ of the said partnership deed provides that all the partners will devote their whole time and attention to the business of the partnership; And Whereas clause ...................... of the said partnership deed further provides that no partner shall without the consent of the other partners engage directly or indirectly in any business other than that of the partnership; And Whereas A, one of the partners, has been offered an assignment by ................................ which shall be completed within a period of ..................... years and the said partner will have to stay in ....................... during the said period while undertaking the said assignment; And Whereas the said partner has requested for the consent of the other partners for acceptance of the assignment offered to him by ................... and they have agreed to give consent to A to accept the said assignment and it has been agreed that so long as he remains outside ................... for the said assignment, the partnership deed shall be varied in the manner and to the extent hereinafter appearing: NOW THIS DEED WITNESSETH AS FOLLOWS: 1.     This Deed is supplemental to the Deed of Partnership dated ..................... and made between the said parties. 2.     During such period as the said partner A shall remain out of ............... for the assignment and does not attend to the business of the partnership, he shall be entitled only half his share of the net profits of the partnership instead of ................. % profits to which he is entitled under clause .................... of the Deed of Partnership and the balance of share of profits to which but for this deed the said A would have been entitled shall be divided between the other partners in equal proportion. 3.     The said A shall not be liable to give account to the partnership for any remuneration or other advances received by him from the .................... for the said assignment. 4.     A shall not be entitled to any remuneration from the partnership account during his absence pursuant to clause ......................... of any the Deed of Partnership. 5.     The terms and condition of the Deed of Partnership dated ............. shall except in so far as the same are modified by this agreement, continue in full force and effect. IN WITNESS WHEREOF the parties hereto have hereunto put and subscribed their respective hands ............................ the day and year first hereinabove written. Signed and delivered by the within named A Signed and delivered by the within named B Signed and delivered by the within named C WITNESSES; 1. 2 Download Word Document In English. (Rs.5/-) Download PDF Document In Marathi. (Rs.5/-)

Partnership Agreement between a Partnership firm and a Hindu Joint Family This Deed of Partnership made at ... on this ... day of... between M/s A B & Co. a partnership firm, consisting of and represented by its partners (1)... (2)... (3) hereinafter referred to as the 'Party of the First Part. and Mr. B residing at ... and in his capacity as the Karta or Manager of his joint and undivided Hindu family hereinafter referred to as the Party of the Second Part'. Whereas the Party of the First Part is carrying on business of............... in partnership. And Whereas the Party of the Second Part is carrying on similar business of ... and which is his ancestral business. And Whereas the adult male members of the said Joint Hindu Family are in ... number and have consented to the said Karta of their family to enter into a partnership agreement with the Party of the First Part with a view to expand the said business and to carry it on a large scale as to avoid competition between them. And Whereas the parties of the First and Second Part have. therefore, proposed to combine their respective businesses and to carry on the same in partnership on the terms and conditions hereinafter mentioned. Now it is hereby agreed by and between the parties hereto as follows: 1.     The Parties shall as from the ... day of ... combine their respective businesses together with all the assets and agree to carry on the said business In partnership between the Party of the First Part on the one hand and the Party o f the Second Part on the other hand. 2.     The Partnership shall be deemed to have commenced from the said date and will continue at the will of the parties hereto. 3.     The assets Including goodwill of the business of the Party of the First Part are valued at Rs... and the assets including the goodwill of the business of the Party of the Second Part are valued at Rs... The respective assets of the Party of the First Part and Second Part will be deemed to be their respective contributions to the capital of the said firm. If any capital gains tax Is required to be paid by any party hereto on the valuation of his capital contribution as aforesaid, the same will be paid by that Party separately and such Party will indemnify and keep indemnified the other Party against such liability. If any further capital or finance is required, the same will be contributed by the Party of the First & Party of the Second Part In the same proportion and will carry interest at the rate of 18% per annum or at such other rate as may be allowed by the Income Tax Act. 4.     The Party of the First Part will be represented by one of the partners of that Party and he will be authorised by the other partners of the Party of the First Part to represent that Party. Such authorised partner may be changed from time to time. The other partners may help in carrying on the business of the firm. Similarly the Party of the Second Part will be represented by the Karta of the Joint Hindu Family for the time being. The other members of the said family will not be considered as separate partners so far as the Firm is considered and though they may render help in carrying on the business of the firm. 5.     The business of the partnership shall be carried on In the name of M/s... (hereinafter referred to as the 'Firm') and the business shall consist of ... and of such other incidental business as the partner may from time to time decide. 6.     The office of the partnership shall be at ... The parties may open branches at such other places as they may be agree upon. 7.     If any Party shall contribute more amount than his share in the capital. It will be treated as a loan by him to the Firm carrying Interest at the rate of 18% per cent per annum. 8.     The net profits and losses of the Firm will be shared by the parties hereto In proportion to their shares in the capital of the Firm that is to say the Party of the First Part will be entitled to ... share and Party of the Second Part will be entitled to ... share. The partners of the Party of the First Part between themselves will be entitled to their said share in the proportion In terms of their partnership agreement. The share of the Party of the Second Part will be the property of his family. Net profit will mean gross profit earned in such year less the expenses of the management of the business including the rent of the premises of the Firm including outgoings In respect of the salaries and wages of the staff. commission paid to others. and all other expenses Incurred In connection with the business of the firm. 9.     The accounting year of the Firm will be from 1st April to 31st March of each Christian calendar year. 10.  At the end of each accounting year an account of the business carried on in that year "I be made and a statement of accounts namely a Balance Sheet and Profit and loss Account will be prepared and signed by the partners. If necessary or required by law the accounts will be got audited by a Chartered Accountant. 11.  The books of account and all other record of the Firm will be always kept at the office of the Firm and will be open for inspection by any of the partners hereto at any time. 12.  All the working staff such as clerks, peons. accountants, cashier, -salesmen and others will be approved by the joint consent of the authorised partner of the Party of the First Part and the Karta representing the Party of the Second Part and their wages and salaries and other emoluments will be fixed by mutual consent of the said persons. 13.  Each of the party hereto shall - a.     participate and attend to the business of the Firm through their aforesaid representatives to the greatest common advantage of the Firm. b.    be just and faithful to each other. c.     render true accounts and full Information of all moneys affecting the Firm to the other. d.    Indemnify the Firm for any loss caused to it by wilful negligence or fraud in the conduct of the business. e.     not carry on any business similar to the business of the Firm or any other business anywhere without the consent of the other party. f.     attend to the business of she Firm diligently and actively. g.    Not withdraw any amount for its own profit benefit or use as remuneration or otherwise without the consent of the other. h.     be entitled to be indemnified by the Firm In respect of payment made and liabilities Incurred by him                       i.        in the order and proper course of business of the Firm, and                      ii.        in doing any act for protecting the Firm from loss in emergency. 14.  All the tangible and intangible assets of the Firm including the goodwill. stock-in-trade. benefit of business licenses and permits, benefits of contracts entered etc. will belong to the parties In the same shares as aforesaid and the property of the Firm shall be used by the Parties exclusively for the business of the Firm. 15.  Every Party shall account for the profit earned from any transaction of the Firm or from the use of the property in any business transaction of the Firm. 16.  If any partner of the Party of the First Part other than the authorised representative or any member of the family of the Party of the Second Part is appointed to do full time work of the Firm, he will be paid separately as remuneration such amount as may be agreed upon allowable under the Income Tax Act as deduction and such remuneration will be treated as the expenses of the Firm. 17.  The Party of the First Part and Party of the Second Part may draw every month. such amounts for their own expenses as may be agreed upon from time to time and the same will be taken into account while ascertaining the share In the net profits of each party In the Firm. 18.  Any party hereto shall not. without the consent of the other - a.     submit any dispute with any other person to arbitration or compromise or relinquish the claim. b.    withdraw any suit or legal proceedings filed by the Firm, c.     admit any liability of the Firm. d.    acquire or dispose of any immovable or moveable property, except the stock In trade in the ordinary course of business. e.     enter into partnership or other business unilaterally with any other person, f.     assign or transfer his share or any interest in the Firm, (g) admit any person as a partner In the Firm. g.    borrow any moneys for or in the name of the Firm. or create any security or charge on the assets of the Firm, h.     enter into any contracts except contracts in the regular course of business of the Firm, i.      stand as a guarantor or surety for any person In the name of the Firm or for and on behalf of the Firm. 19.  The Parties shall open in the name of the Firm one or more accounts either current, saving or overdraft or cash credit with one or more banks as may be agreed upon by the partners and the account or accounts will be operated by the authorised partner of the Party of the First Part and the Karta representing the Party of the Second Part jointly. 20.  If any Party hereto desires to dissolve the Firm he shall give to the other at least three months previous notice to that effect and on the expiration of the notice period the Firm shall stand dissolved. 21.  If the Party of the First Part Is Itself dissolved or is adjudged insolvent or if all the male adult members of the Party of the Second Part are adjudged insolvent, or there is full partition among the members of that Party, this partnership shall also stand dissolved. 22.  On dissolution of the Firm, an account will be made of all the assets and liabilities of the Firm, and the assets will be sold either to any of the parties hereto to any other outsider and after payment of the debts and liabilities, the net sale proceeds will be distributed among the Parties of the First Part and Second Part In proportion to their respective In the capital of the Firm as aforementioned. 23.  If any dispute or difference shall arise between the Parties hereto touching the business of the Firm or interpretation of any provision hereof or otherwise, howsoever, relating to the Firm and its business. the same shall be referred to arbitration of a common arbitrator If agreed upon, failing which to two arbitrators one to be appointed by each Party to the arbitration and the arbitration shall be governed by the Arbitration & Conciliation Act, 1996. 24.  The parties shall, as early as possible but In any event within the prescribed period get the Firm registered under the Partnership Act. 1932. as well as under the Income Tax Act, 1961, and the application or a certified copy of this deed will be signed by all the partners of the Party of the First Part and by the Karta of the Party of the Second Part. 25.  This Deed is executed in duplicate and one copy will remain with the party of the First Part and the other will remain with the Party of the second Part. IN WITNESS WHEREOF the Parties have put their respective hands the day and year first hereinabove written.     Signed and delivered for and on behalf of M/s ... by its partners (1) ... (2) ... (3) ... in the presence of ... ... Signed and delivered by the withinnamed Mr. B as the Karta of his Hindu Undivided Family in the presence of ... Download Word Document In English. (Rs.20/-) Download PDF Document In Marathi. (Rs.15/-)

FORM OF GIVING NOTICE OF CHANGE IN THE NAME OF THE PARTNER AND HIS PERMANENT ADDRESS First Name Registered Address Notice is hereby given pursuant to section 62 of the Indian Partnership Act, 1932, that the changes specified below have occurred in this firm: a.     Change in the name of any partner in a registered firm: Former name of partner Name as now altered by the partner Date on which he changed his name b.    Change in the permanent address of any partner in a registered firm: Previous Address Present Address I declare that all the above particulars are true to the best of my knowledge and belief as on this date. We/I also declare that up to the date of submission of this application there has not been any change in any of the particulars previously intimated save and except the change notified above. Dated this ............... day of ...........................year ......................... Signatures Certified that the person who has signed this notice has signed it in my presence and has affirmed that the particulars furnished therein are true. ......................... Signature of the witness 1.     Notes: Strike out item not required. 2.     This notice must be signed by partner or his agent specially authorised in this behalf in the presence of witness who must be a Gazetted Officer, a Justice of the Peace, a Magistrate, an Attorney of the High Court, an Advocate, a Pleader or a Chartered Accountant. Download Word Document In English. (Rs.5/-) Download PDF Document In Marathi. (Rs.5/-)

Partnership Agreement for a Single Venture This Deed of Partnership made at ... on this ... day of... between Mr. A residing at ... hereinafter referred to as the 'Party of the First Part' and Mr. B, residing at ... hereinafter referred to as the 'Party of the Second Part.' Whereas the Party of the First Part who is a qualified Engineer and Contractor has almost secured a big contract of constructing a bridge and as he is not in a position to bring in all requisite finance. he has requested the party of the Second Part to join him in partnership with a view to carry out and complete the said contract. And Whereas the Party of the Second Part has agreed to do so and the parties have agreed to enter into this partnership on the terms and conditions herein after mentioned. Now it is agreed by and Between the Parties Hereto as Follows: 1.     The parties hereto agree to carry on the business hereinafter mentioned in partnership on the terms and conditions herein mentioned, in the name and style of M/s. .……………. 2.     The partnership shall be deemed to have commenced from the ... Day of... ………, 2000 and the period of the partnership shall be co-terminus with the completion of the said single business or adventure. 3.     The business of the partnership (hereinafter referred to as the 'Firm') shall consist of carrying out and completing the work of construction of the bridge over the river at …………………..... In terms of the contract to be entered into with the Government of .…………………….. 4.     The office of the partnership shall be at .…………………….. 5.     The Parties have contributed towards the initial capital of the firm a sum of Rs. ... In equal ... Shares. The party of the Second Part will contribute such further amounts as may be required from time to time for carrying out the said work and the amounts will be treated as a loan by him to the Firm carrying Interest at the rate of 18 per cent per annum. 6.     The net profits and losses of the firm will be shared by the partners hereto in equal shares or proportion. Net profit will mean the gross profits earned in such year less the expenses of the management of the business including the rent of the premises of the firm. The outgoings in respect of the salaries and wages. Of the staff. Commission paid to others. Interest payable on the amounts advanced by the Party of the Second Part and by other creditors if any and all other expenses incurred In connection with the business and allowable as deduction under the Income Tax Act. 7.     The accounting year of the Firm will be from 1st April to 31st March of each Christian calendar year. 8.     At the end of each accounting year an account of the business carried on in that year will be made and a statement of accounts namely a Balance Sheet and Profit and Loss Account will be prepared and signed by the partners. If necessary or required by law the accounts will be got audited by a Chartered Accountant. 9.     The party of the First Part will act as the Manager Partner and will be in charge of the actual work of construction, and shall utilise all his technical knowledge in that behalf. He will be entitled to salary at the rate of Rupees ..... Per month In addition to his share in the profits as well as a sum equal to .... Per cent of the book profits annually as further remuneration for his technical skill and experience. 10.  The Party of the Second Part will look after the financial side of the work as well as look after the administration of the Firm and its said business. 11.  The books of account and all other record of the Firm will be always kept at the office of the Firm and will be open for Inspection by any of the partners hereto at any time. 12.  All the working staff such as clerks, peons, accountants, cashier, salesmen and others and the technical staff will be appointed by the joint consent of the partners hereto and their wages and salaries and other emoluments will he fixed by mutual consent of the parties hereto. 13.  Subject to what Is otherwise provided herein, each of the partners- hereto shall - a.     participate and attend to the business of the firm to the greatest common advantage of the firm. b.    be just and faithful to each other. c.     render true accounts and full information of all moneys affecting the Firm to the other. d.    indemnify the Firm for any loss caused to it by wilful negligence or fraud in the conduct of the business. e.     Not carry on any business similar to the business of the Firm or any other business anywhere without the consent of the other partner/s. f.     attend to the business of the Firm diligently and actively. (g) not withdraw any amount for his own profit, benefit or use as remuneration or otherwise without the consent of the other. g.    be entitled to be indemnified by the Firm in-respect of payment made and liabilities incurred by him-                                           i.    in 'the ordinary and proper course of business of the firm and                                          ii.    in doing any act for protecting the Firm from loss In emergency. 14.  All the tangible and intangible assets of the Firm Including the goodwill, stock-in-trade, benefit of business licenses and permits, benefits of contracts entered etc. will belong to the parties in equal shares but subject to the debts and liabilities of the Firm and the property of the Firm shall be used by the parties exclusively for the business of the firm. 15.  Every party shall account for the profit earned from any transaction of the Firm or for the use of the property of the Firm. 16.  At the end of every six months, the Party of the Second Part will be entitled to withdraw such amount as the funds of the Firm will permit, towards repayment of the principal amount of loan advanced by the Party of the Second Part to the Firm. 17.  Any party hereto shall not, without the consent of the other- a.     submit any dispute with any other person to arbitration or compromise or relinquish the claim. b.    withdraw any suit or legal proceedings filed by the Firm. c.     admit any liability of the Firm. d.    acquire or dispose of any immovable or moveable property, except the stock in trade in the ordinary course of business. e.     enter into partnership or other business unilaterally with any other person. f.     assign or transfer his share or any Interest in the Firm. g.    admit any person as a partner In the Firm. h.     borrow any moneys for or in the name of the firm, or create any security or charge on the assets of the Firm. i.      enter into any contracts except contracts in the regular course of business of the firm. j.      stand as a guarantor or surety for any person, In the name of the Firm or for and on behalf of the Firm. 18.  The Parties shall open in the name of the Firm one or more accounts either current, saving or overdraft or cash credit with one or more banks as may be agreed upon by the partners and the account or accounts will be operated by any one of the parties hereto. 19.  The Partnership shall continue till the completion of the said work of construction or If by any chance the said construction contract is cancelled for any reason, till the cancellation of such contract and till then none of the parties shall be entitled to dissolve the partnership or to retire from the partnership. 20.  If and when the partnership is dissolved, an account of the assets and property and list will be made up to the date of dissolution and out of the assets in specie or by sale thereof, all debts and liabilities including the loan advanced by the Party of the Second Part will be paid In priority and if any balance will remain the same will be shared by the Parties hereto in equal shares. 21.  If the said construction contract Is cancelled by any party thereto and there Is a claim by or against the Firm In respect thereof, the same will be prosecuted or defended by both the parties hereto and the winding up of the partnership will be deemed to continue until such claims are finally disposed of by arbitration or court proceedings. 22.  If any dispute or difference shall arise between the parties hereto touching the business of the firm or interpretation of any provision hereof or otherwise. howsoever relating to the Firm and its business, the same shall be referred to arbitration of a common arbitrator If agreed upon, failing which to two arbitrators one to be appointed by each party to the dispute and the arbitration shall be governed by the Arbitration & Conciliation Act. 1996. 23.  The parties shall, as early as possible but In any event within the prescribed period get the Firm registered under the Partnership Act. 1932, and the Income Tax Act. 1961. 24.  This Deed is executed in duplicate and one copy will remain with the Party of the First Part and the other will remain with the Party of the Other Part. IN WITNESS WHEREOF the parties have put their respective hands the day and year first hereinabove written. Signed and delivered by the withinnamed Mr. A In the presence of ................ Signed and delivered by the withinnamed Mr. B In the presence of .................. Download Word Document In English. (Rs.15/-) Download PDF Document In Marathi. (Rs.15/-)

Form for Furnishing Statement Specifying Alteration in the Firm Name or in the Location of the Principal place of Business of the Firm We, the undersigned, being the partners of the firm of ..................................... whose registered address is at ........................................... hereby notify pursuant to section 60(1) of the Indian Partnership Act, 1932, that the changes specified below have occurred in this firm: a.     Change in the firm name: New Name b.    Change in the location of the principal place of business of the firm: New place of business We declare that all the above particulars are true to the best of our knowledge and belief as on this date. I/We also declare that up to the date of submission of this application there has not been any change in any of the particulars previously intimated save and except the change notified above. Dated this ................. day of ........................ 2000. ......................... Signatures Certified that the persons who have signed the statement have signed it in my Presence and they have affirmed that the Particulars affirmed therein are true. ........................ Signature of Witnesses Notes: 1.     Strike out item not required. 2.     This statement must be signed by ail the partners or their agents specially authorised in this behalf in the presence of witness who must be a Gazetted Officer, a Justice of the Peace, a Magistrate, an Attorney of the High Court, an Advocate, a Pleader or a Chartered Accountant. Download Word Document In English. (Rs.5/-) Download PDF Document In Marathi. (Rs.5/-)