Partnership Deed

This query is : Resolved

Gangadurai (Querist)
Follow

11 November 2019 We are using current dated (11th Nov 19) stamp paper for executing a partnership deed. If a partner wants to join our firm with effect from 01.04.19. Can we use the current dated stamp paper for executing a partnership deed and registering?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

11 November 2019 Yes.
The partnership may be formed earlier. But it is now that you are putting the rights and liabilities in writing. Hence, with a current dated stamp paper, you may execute the partnership deed, clearly specifying that the partnership was formed w.e.f. _____ (date).