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Amendment in partnership deed

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 October 2011 introduction of new partner and reduction in share of existing partner. what should be done. can we make fresh deed or supplement deed. please provide draft copy
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
09 October 2011 This is a constitutional change, therefore, supplementary deed of partnership will not suffice.
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Querist : Anonymous

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Querist : Anonymous (Querist)
09 October 2011 then should we draft new deed giving reference to old deed?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
10 October 2011 Reference of original deed is mandatory in the preamble of the reconstitution deed.
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