Partnership Deed Draft

Define partner roles, capital, profit sharing and exit terms clearly.

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₹1,999

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EDrafted

PARTNERSHIP DEED

This Deed of Partnership is made at ____________ on this ______ day of __________, 20____ between ____________ and the other partners named below (collectively the "Partners").

NOW THIS DOCUMENT WITNESSES AS UNDER:

That the Partners shall carry on the business of ____________________ under the name and style of "____________________" (the "Firm").
That the principal place of business of the Firm shall be at ____________________.
That the capital of the Firm shall be Rs. ____________ contributed by the Partners in the ratio ____________.
That the net profits and losses of the Firm shall be shared among the Partners in the ratio ____________.
That the Firm's books of account shall be maintained at the place of business and be open to inspection by every Partner.
That no Partner shall, without the consent of the others, borrow money or dispose of the Firm's assets beyond the ordinary course of business.
That the partnership shall be a partnership at will, and may be dissolved as mutually agreed or as per the Indian Partnership Act, 1932.

IN WITNESS WHEREOF the Partners have signed this Deed on the day and year first above written.

First Partner
(Signature)

Second Partner
(Signature)

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Custom partner clauses
Capital and profit terms
Dissolution provisions
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