I need a format of supplementary partnership deed for change of address. There is no other change except for principal place of business. Please send me a format for the same.
And also please let me know whether I am right in drafting a supplementary just for change of address. Is there any other way? Please Help
25 July 2024
Certainly! Drafting a supplementary partnership deed for a change of address is appropriate when there are no other changes to the partnership agreement except the principal place of business. Here’s a format you can use:
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### SUPPLEMENTARY PARTNERSHIP DEED
**This Supplementary Deed of Partnership** made on [Date] between:
**Existing Partners:** 1. [Name of Partner 1], son/daughter/spouse of [Father's/Husband's Name], residing at [Address] 2. [Name of Partner 2], son/daughter/spouse of [Father's/Husband's Name], residing at [Address] 3. [Name of Partner 3], son/daughter/spouse of [Father's/Husband's Name], residing at [Address]
(Hereinafter collectively referred to as the "Existing Partners", which expression shall mean and include their heirs, legal representatives, successors, and assigns)
**And:**
**New Principal Place of Business:** [New Address of the Partnership]
**Whereas:**
1. The Existing Partners entered into a Partnership Deed dated [Date of Original Partnership Deed] (the "Original Deed") for carrying on the business of [Nature of Business] at [Old Address].
2. It is now agreed by and between the parties hereto that the principal place of business of the partnership shall be changed from [Old Address] to [New Address] with effect from [Effective Date of Change].
**Now, Therefore, It Is Hereby Agreed And Declared As Follows:**
1. **Change of Address:** The principal place of business of the partnership shall be changed from [Old Address] to [New Address] with effect from [Effective Date of Change].
2. **Continuation of Terms:** Except for the change of address as stated above, all other terms and conditions of the Original Deed shall remain unchanged and continue to be in full force and effect.
3. **Execution and Registration:** This Supplementary Deed shall be deemed to form part of the Original Deed and shall be executed and registered as required under the provisions of the Indian Partnership Act, 1932.
**In Witness Whereof,** the parties hereto have executed this Supplementary Deed on the day, month, and year first above-written.
**Signed and delivered by the Existing Partners:**
- **Execution:** Ensure all partners sign the deed and it is witnessed as per legal requirements. - **Registration:** Register the Supplementary Deed with the Registrar of Firms as required by law. - **Legal Advice:** It's advisable to seek legal advice to ensure compliance with local partnership laws and regulations.
This format should suffice for your requirement of changing the principal place of business in the partnership deed. Make sure to adhere to all legal formalities and consult with a lawyer if needed.