Partnership Deed
A legal document defining the terms and conditions of a partnership business. This document belongs to the Corporate Law category.
Document Preview
PARTNERSHIP DEED
THIS DEED OF PARTNERSHIP is made on this [date] at [place] between:
1. [partner1Name], resident of [partner1Address], hereinafter called the First Partner.
2. [partner2Name], resident of [partner2Address], hereinafter called the Second Partner.
WHEREAS the parties have agreed to carry on the business of [businessNature] in partnership under the name and style of [firmName].
NOW THIS DEED WITNESSETH AS UNDER:
1. That the partnership shall be at will.
2. That the principal place of business shall be at [address].
3. That the capital of the partnership shall be Rs. [capital] contributed by the partners in the ratio of [ratio].
4. That the profit and loss shall be shared by the partners in the ratio of [ratio].
5. That the bank account shall be operated by [partnerName].
6. That the partnership shall be governed by the Indian Partnership Act, 1932.
IN WITNESS WHEREOF, the parties have signed this Deed on this [date] at [place].
FIRST PARTNER
SECOND PARTNER
WITNESSES:
1. [Witness 1 Name]
2. [Witness 2 Name]