Entreprenuer
133 Points
Joined June 2009
Dear Members,
If the Partnership Deed initially did not provide for remuneration/salary to be paid to working partner but if the same has to be added to the Deed, what is the procedure?
There is a provision in the Deed that it can be amended by mutual consent of both partners in writing.
Should a new deed be drawn up? Should the amendment be made on a stamp paper or ordinary letter head signed by both partners would be enough?
Please advice.