Our professionally drafted Partnership Deed covers all essential clauses required for legal business partnership under Indian Partnership Act, 1932.
Firm & Partner Details
Complete information of partnership firm name, business address, and all partners with their details.
Capital & Profit Sharing
Capital contribution by each partner, profit and loss sharing ratio, and interest on capital terms.
Roles & Responsibilities
Clear definition of each partner's duties, authority limits, and decision making powers.
Salary & Drawings
Partner's salaries, commissions, drawings limits, and repayment terms clearly specified.
Admission & Retirement
Procedure for adding new partners, retirement of existing partners, and settlement of accounts.
Dissolution Clause
Terms and conditions for dissolution of partnership, asset distribution, and winding up process.