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partnership deed

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 April 2010 Is there a minimum capital requirement for forming a partnership deed. would a sum of fifteen thousand suffice for forming a partnership deed.
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Amit Bajaj

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Amit Bajaj (Expert)
02 April 2010 Yes its sufficient. No minimum or maximum limit required to form partnership firm
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Guest

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Guest (Expert)
02 April 2010 To from a partnership deed you don't need any capital. further there is no minimum capital requirement fixed by act. It is the requirement of the business that how much capital all the partners will contribute for the said business.
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CA. Kishore Choudhary

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CA. Kishore Choudhary (Expert)
02 April 2010 yes no limit but....value of stamp duty depend upon capital which are contributed by all partner
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
02 April 2010 Agreed
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