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    Partnership Deed

    Partnership Deed

     Introduction

    Business ek team effort hota hai, aur jab do ya usse zyada log milkar ek business start karte hain, toh usse Partnership Firm kehte hain.
    Is business relation ko legal shape dene ke liye ek document banaya jaata hai — jise Partnership Deed kehte hain.

    Partnership Deed = Legal Agreement between Business Partners

    Ye document har partner ke rights, duties, aur profit-sharing ratio define karta hai — taaki future me koi misunderstanding na ho.

     Partnership Deed kya hoti hai?


    Partnership Deed ek written legal agreement hota hai jisme business partners ke beech terms & conditions likhi hoti hain.

    Isme likha hota hai:

    • Partners ke naam aur addresses
    • Firm ka name & business type
    • Profit aur loss sharing ratio
    • Capital contribution by each partner
    • Rules for dispute resolution
    • Duties & responsibilities of each partner

    Partnership deed hamesha written aur signed form me banaiye. Verbal agreement court me valid nahi hota.


     Partnership Deed me kya hona chahiye?

    Ek perfect partnership deed me ye important clauses honi chahiye 👇

    1. Firm & Partners Details: Name, address, aur business nature
    2. Capital Contribution: Har partner kitni investment karega
    3. Profit & Loss Sharing Ratio: Clear percentage likha ho
    4. Remuneration: Salary ya commission milega ya nahi
    5. Interest Clause: Capital aur drawings par interest ka rate
    6. Duties & Powers: Har partner ka role defined ho
    7. Dispute Resolution: Arbitration ya mediation ka process
    8. Duration of Partnership: Fixed term ya “at will”
    9. Admission/Retirement Clause: Naye ya purane partners ke rules
    10. Accounts & Audit Clause: Financial records kaise maintain honge

    💡 Legal Tip: Partnership Deed stamp paper par likhi jaati hai aur sabhi partners ke signatures compulsory hote hain.


    Partnership Firm Registration Process in India

    Agar aap apni firm legally register karna chahte hain, toh ye steps follow karein 👇

    1. Partnership Deed draft karaiye (stamp paper pe).
    2. Sabhi partners ke signatures lein.
    3. Form No. 1 fill karein (Registrar of Firms ke liye).
    4. Documents attach karein:
      • Partnership Deed copy
      • Partners ke PAN & ID proof
      • Firm ka address proof
    5. Registrar of Firms office me submit karein.
    6. Verification ke baad Certificate of Registration milta hai.

    📜 Law Reference: Indian Partnership Act, 1932


    Partnership Firm ke Legal Benefits

    ✔️ Easy setup & low compliance
    ✔️ Shared responsibility aur decision-making
    ✔️ Legal proof of business partnership
    ✔️ Banking aur loan process me help
    ✔️ Simple tax benefits

    Registered partnership firm se business ko legal protection aur recognition milta hai.


    Common Mistakes to Avoid

    ❌ Verbal partnership deal without documentation
    ❌ Profit-sharing ratio mention na karna
    ❌ Stamp paper value galat lagana
    ❌ Roles & duties unclear likhna
    ❌ Dispute clause skip karna

    ✅ Remember: “Legal Partnership = Long-term Trust + Business Growth.”


    🌟 Conclusion – Secure Partnership, Secure Future

    Ek Partnership Deed aapke business ke liye ek legal safety shield hai. Ye trust build karti hai aur future disputes se bachati hai.

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    About Namo Legal Labs


    At Namo Legal Labs, we take the complexity out of legal documentation. Whether you're buying, leasing, mortgaging, or transferring property, we make the process of registering documents like Sale Deeds, Lease Deeds, Mortgage Deeds, Power of Attorney, and more fast, accurate, and fully compliant with legal standards.

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     Call Me: +91 9243119464
     Mail Us: namolegallabs@gmail.com

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