Partnership Deed-Form

Partnership Deed with e-Stamp Notary

Partnership Deed Form (#82)

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Enter the Details of First Partner

Enter the Details of Second Partner

Do you wish to add a Third Partner?

Enter the Details of Third Partner

Do you wish to add a Fourth Partner?

Enter the Details of Fourth Partner

Name of Business

Nature of Business

Registered Address of the Business

Commencement Date of the Partnership

Total Capital Invested in Business

PROPORTION OF CAPITAL (IN RS.):

( MENTION THE PROPORTION OF CAPITAL AMONG THE PARTNERS ACCORDINGLY)

Capital invested by the First Partner (in Rs.)

Capital invested by the Second Partner (in Rs.)

Capital invested by the Third Partner (in Rs.)

Capital invested by the Fourth Partner (in Rs.)

SHARE OF PARTNERS (IN %):

( MENTION THE SHARE PERCENTAGE OF THE BUSINESS AMONG THE PARTNERS ACCORDINGLY)

Share of the First Partner (in %)

Share of the Second Partner (in %)

Share of the Third Partner (in %)

Share of the Fourth Partner (in %)

Select who will operate the Bank Account

If the Bank Account is operated by Single Partner then Mention the Name:

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Stamp Duty

Price: ₹500.00

Stamp Duty

Price: ₹50.00

Stamp Duty

Price: ₹100.00

Note: Kindly select the Stamp Paper as per their validity or else the order shall not be processed.

Notary- INR 50

Notary- INR 90

Notary- INR 170

Notary- INR 210

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Service Charges Incl. GST @18% :

Service Charges Incl. GST @18% : ₹499.00

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Name of Signatory

Email ID of Signatory

Phone Number of Signatory

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Name of Second Signatory

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Partnership Deed Preview

PARTNERSHIP DEED

THIS PARTNERSHIP DEED IS MADE AND EXECUTED AT ON BETWEEN:

FIRST PARTNER: Name S/O R/O

SECOND PARTNER: Name S/O R/O

Whereas the parties to this deed intend to carry on the business of , whereas all the partners have mutually agreed to carry on business in partnership on the following terms and conditions of this partnership deed:

That the name and style of the said partnership business/firm is

The business of the Partnership shall be engaged in the business of

The Partnership shall have its registered office at and/or at such other places as agreed by the majority of the partners.

That the partnership commenced from and will be at the will of the partners.

The Capital of Partnership shall be contributed in the following proportions:

FIRST PARTNER:
SECOND PARTNER:

That the parties shall contribute such sums towards capital as may be mutually agreed from time to time.

Partners are entitled to share profits and losses in the ratio of their capital.

The shares of the partners are:

FIRST PARTNER:
SECOND PARTNER:

The bank account shall be operated

Admission of New Partner

No person may be introduced as a new partner without consent of all existing partners. The incoming partner’s capital can be tangible/intangible/movable/immovable. Profit sharing will be proportional to contribution.

Rights of Partner

Each partner has rights in assets proportional to capital, can inspect books, and may run independent business with intimation, without using firm name. On death of a partner, the firm continues with survivors and legal heirs.

All financial instruments must be jointly executed. Any contrary act is on personal account and must be indemnified by the acting partner.

Duties of Partner

Both parties shall actively manage the business and are entitled to remuneration per Section 40(b)(v) of the Income-tax Act.

Each partner must account for personal benefits derived from firm’s assets, and must indemnify the firm for losses due to fraud. They shall also maintain transparency and provide access to records.

If a partner wishes to transfer their share, they must offer to existing partners with 15 days’ notice. If unresponded, they may assign externally.

No partner shall without written consent:

Use firm’s assets beyond ordinary business.
Lend or deal with restricted entities.
Assign or mortgage their share.
Release debts without partner approval.

Extent of Liability of Partnership

The firm is not bound by actions of a partner if:

They lack authority.
The third party is aware of this.

Miscellaneous Provisions

Partnership may be wound up with mutual consent.

The firm indemnifies partners for liabilities made during regular business or for asset preservation.

Books of accounts shall be kept at the registered office.

Accounting year is from 1st April to 31st March. First year ends 31st March 2026.

The bank account shall be operated jointly.

On dissolution, assets vest in a partner mutually decided.

Remuneration or interest terms can be modified via supplementary deed effective from that accounting period.

All disputes unresolved via deed shall be referred to arbitration as per the Arbitration and Conciliation Act, 1996.

IN WITNESS WHEREOF, all the partners have signed this Partnership Deed in the presence of the following witnesses.

WITNESSES:

1. FIRST PARTNER

2. SECOND PARTNER