Partnership Deed

Legally Binding Agreement for Partners to Establish and Operate a Business

A Partnership Deed is a written legal document that outlines the rights, responsibilities, and profit-sharing arrangements between partners in a partnership firm. SS Industrial Consultancy provides end-to-end drafting and registration services to help businesses legally structure their partnerships in compliance with Indian Partnership Act, 1932.

What We Offer:

  • Drafting of customized Partnership Deeds

  • Consultation on profit sharing, capital contribution, and roles

  • Inclusion of dispute resolution clauses and exit terms

  • Registration support with the Registrar of Firms

  • Amendment and reconstitution of existing deeds

  • Stamp paper preparation as per state norms

  • Bilingual deed formats (English & regional language)

Key Clauses in a Partnership Deed:

  • Firm name and business nature

  • Capital contribution by each partner

  • Profit and loss sharing ratio

  • Duties and responsibilities of each partner

  • Partner admission, retirement, and expulsion

  • Interest on capital and drawings

  • Bank account operations and signing authority

  • Dispute resolution and legal jurisdiction

Benefits of a Registered Partnership Deed:

  • Legal recognition under the Indian Partnership Act

  • Clarity on financial and managerial rights

  • Ease in opening a bank account and availing loans

  • Required for MSME, GST, FSSAI, and other license registrations

  • Prevents disputes among partners

Who Should Use This Service?

  • Entrepreneurs starting a partnership firm

  • Existing firms needing formal documentation

  • Firms applying for licenses, subsidies, or government schemes

  • Businesses seeking loans, IEC, or tenders

Contact SS Industrial Consultancy

Email: info@ssconsultancy.net
Phone: +91 92468 22006