Establish a clear business relationship with a properly drafted Partnership Deed that records the rights, duties and responsibilities of every partner. We assist in preparing customised partnership deeds covering capital contribution, profit sharing, business operations and other mutually agreed terms under the Indian Partnership Act, 1932.
Drafting a partnership deed based on your business structure, partner requirements and mutually agreed terms and conditions.
Clearly define partner responsibilities, management authority, decision-making powers and individual obligations.
Document partner investments, capital contributions, profit-sharing ratios, losses and remuneration arrangements.
Assistance with deed preparation, execution formalities, applicable stamp duty guidance and partnership firm registration support.
We provide partnership deed drafting and documentation assistance for new as well as existing partnership firms. Our services cover important clauses governing partner relationships, business operations and financial arrangements.
Preparation of a new partnership deed defining the business structure, partners, capital contributions and agreed terms.
Drafting clauses covering partner investments, capital contributions, profit-sharing ratios, loss allocation and financial arrangements.
Defining individual partner duties, management responsibilities, authority and participation in business decisions.
Drafting provisions for admission of new partners, retirement, resignation, death and settlement of outgoing partner accounts.
Preparation of supplementary deeds or revised clauses for changes in partners, capital, profit sharing or business terms.
Assistance with documentation and prescribed application requirements for registration of the partnership firm with the Registrar of Firms, where required.
Our package focuses on preparing a customised Partnership Deed and providing documentation assistance according to the agreed scope and requirements of the partners.
A professionally prepared draft covering the partnership structure, business details and mutually agreed terms.
Documentation of partner particulars, capital contributions, profit-sharing ratios and remuneration arrangements.
Provisions covering partner duties, management, admission, retirement, dispute resolution and dissolution.
Assistance with deed execution, applicable stamp duty guidance and partnership firm registration documentation, as agreed.
Our process begins with understanding the proposed partnership and the terms agreed between partners. We then prepare, review and finalise the deed before assisting with execution and applicable registration formalities.
Understand the proposed business activities, number of partners, firm structure, capital arrangements and specific requirements of each partner.
Collect partner identity details, proposed firm name, principal place of business, business activities and agreed financial arrangements.
Prepare the deed with clauses covering capital contribution, profit and loss sharing, partner duties, management powers and other mutually agreed conditions.
Share the draft with the partners for review, incorporate mutually agreed revisions and finalise the deed for execution.
Assist with signing and execution of the partnership deed by the partners and applicable stamp duty requirements under the relevant state law.
Assist with preparation of prescribed registration documents and submission to the relevant Registrar of Firms, where registration is undertaken.
A Partnership Deed is suitable for individuals or entities entering into a partnership to carry on business and share its profits. The terms should reflect the mutual agreement and applicable provisions of the Indian Partnership Act, 1932.
Individuals planning to start a business together and document their capital contributions, responsibilities and profit-sharing arrangements.
Existing firms seeking to prepare a written deed, revise existing clauses or document updated partner arrangements.
Partnership firms documenting the admission of a new partner, retirement of an existing partner or changes in their respective rights and responsibilities.
Firms modifying capital contribution, profit-sharing ratios, business activities, management procedures or other agreed terms.
The following documents and information are commonly required for preparing a Partnership Deed. Additional details may be requested depending on the number of partners, business structure and agreed terms.
PAN details or copies of PAN cards of all proposed partners.
Accepted identity documents of each partner for verification and documentation.
Current address proof of all partners, as required for the documentation.
Recent passport-size photographs of the partners, where required.
Mobile numbers, email addresses and communication details of each partner.
Authorisation or supporting documents where a partner acts through an authorised representative or entity.
Proposed name under which the partnership business will operate.
Nature of business, proposed operations and principal activities of the firm.
Ownership, rent agreement or other accepted address proof for the principal place of business.
Copy of the current deed and supplementary agreements, if the firm is already operating.
Existing registration certificate or Registrar of Firms details, where applicable.
Relevant business licences, registrations or approvals, where applicable to the business.
Agreed capital investment and contribution amount of each partner.
Mutually agreed percentage of profit and loss sharing among partners.
Agreed salary, remuneration, commission, interest or other payment arrangements, if any.
Agreed management responsibilities, partner authority, voting procedures and business decision-making terms.
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