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Partnership Deed Drafting

Detailed consultation with all partners
Comprehensive partnership deed drafting
Review by senior legal expert
Two rounds of revisions

3-5 working days

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About This Service

A Partnership Deed is the foundational document that governs the relationship between partners in a partnership firm. It defines the capital contributions, profit and loss sharing ratios, roles and responsibilities, decision-making processes, and terms for admission or retirement of partners. Our legal experts draft partnership deeds in compliance with the Indian Partnership Act, 1932, covering all essential and recommended clauses. A well-drafted deed prevents misunderstandings and provides a clear framework for resolving disputes. We cover all types of partnerships including general partnerships, partnerships at will, and fixed-term partnerships. The deed also addresses important aspects like banking operations, drawing limits, non-compete clauses, and dissolution procedures.

What's Included & Excluded

Inclusions

Detailed consultation with all partners
Comprehensive partnership deed drafting
Review by senior legal expert
Two rounds of revisions
Guidance on stamping and registration

Exclusions

Stamp duty charges
Partnership firm registration fee
PAN and TAN application for the firm

How It Works

1
{ "step": 1, "title": "Partner Consultation", "description": "We discuss with all partners regarding capital contributions, profit sharing, roles, responsibilities, and key terms of the partnership." }
2
{ "step": 2, "title": "Deed Drafting", "description": "Our legal team drafts a comprehensive partnership deed covering all agreed terms, operational clauses, and dispute resolution mechanisms." }
3
{ "step": 3, "title": "Review & Revisions", "description": "The draft is circulated to all partners for review. We incorporate feedback and ensure all parties are satisfied with the terms." }
4
{ "step": 4, "title": "Execution & Registration", "description": "We guide all partners on stamping, execution, and optional registration of the partnership deed with the Registrar of Firms." }

Documents Required

Please keep the following documents ready before proceeding.

Identity and address proof of all partners
PAN cards of all partners
Details of capital contributions
Agreed profit/loss sharing ratio
Proposed firm name and business activity details

What You Get

Comprehensive partnership deed
Digital copy in PDF and editable format
Firm registration guidance document

Frequently Asked Questions

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