I HAVE AN QUERY REGARDING CONSTITUTION OF AN UNREGISTERED PARTNERSHIP FIRM.. .
A PARTNERSHIP FIRM HAS THREE PARTNERS AND TWO PARTNERS WANT TO RETIRE AND ONE NEW PARTNER WANT TO ENTER IN THE FIRM AT THE SAME TIME.. WHICH TYPE OF DEED OR AGREEMENT HAS TO BE FORMED BETWEEN THE PARTNERS....???? CAN ANYONE HELP..???
You can amend the existing partnership deed by mentioning the name of retiring & new partners with the concent of existing partner. As you said your existing partnership deed was unregistered you can register the later deed by paying 500stamp fees.
CAN I NAME THE DEED CONSTITUTION DEED AND ON WHICH STAMP PAPER .... I HAVE TO MADE IT????
No you should name it as DEED OF AMENDMENT, because your firm has already been constituted. The payment of stamp means you can buy Rs. 500/- STAMP PAPER from the court and print the first page of new DEED OF AMENDMENT on it. other pages can be of green colour leagal page
I HAVE AN FORMAT OF AMENDMENT DEED CAN I FOLLOW THIS I AM ATTACHING THE FILE YOU PLEASE VIEW IT AND I HAVE STAMP PAPER OF RS. 200 CAN I PRINT THIS DEED ON THAT STAMP PAPER????
AS FIRM IS UNREGISTERED AND I DO NOT WANT TO REGISTER SO .........CAN I PRINT THIS DEED ON RS 200 STAMP PAPER.......??
No dear in my view that format is not needed please .....Refer the format attached here with. I am not sure about the 200/- Stamp paper.
Chalo Now i had to go, I hope your query is resolved...Thanks
CAclubindia
