Formation of Partnership deed
Yasir (article assistant ) (466 Points)
22 May 2023should I mention in deed that no capital contribution required form third partners
he is partner only in profits of the firm
CA Rakesh Ishi
(Working at Private Company)
(8202 Points)
Replied 22 May 2023
Yes, you can mention in the partnership deed that the third partner will not be required to make any capital contribution and will only be entitled to a share of profits.