Partnership deed

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 July 2012 Dear All

One of my client made partnership deed. There are three partners. Out of them two partners to get retirement. Rest partner want to keep that firm by enter one new partner. so firm can be continued without any dissolution.

Please guide and help me at the earliest.
Is there any draft for the same please provide the same also.

Thanks

CA. Hari Kishan

CA. Hari Kishan (Expert)
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04 July 2012 The firm can continue the business.. prepare a retirement deed and a admission deed for new partner.

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CA. Hari Kishan

CA. Hari Kishan (Expert)
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04 July 2012 The firm can continue the business.. prepare a retirement deed for the exiting partner and a admission deed for new partner.

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Querist : Anonymous

Querist : Anonymous (Querist)

05 July 2012 Thank You Shri Hari Kishan Ji for your valuable reply.

please let me also, Could I make a single deed and enter both clause i.e. retire of partners and admit of partner.

Ravikant

Ravikant (Expert)
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05 July 2012 Yes, Prepare a Admission-cum-Retirement Deed.
Get Format here..

http://www.feeleminds.com/knowledge_rooms/file_detail.php?parent_id=56&file_id=4616&filename=deed-of-admission-cum-retirement