PARTNERS REMUNERATION
This query is : Resolved
23 May 2010
SIR,
FOR SECTION 184 IS IT NECESSARY THAT PARTNERSHIP DEED MUST BE REGISTERED OR ONLY A DRAFT COPY WILL DO?
FOR SECTION 184 IS IT NECESSARY THAT PARTNERSHIP DEED MUST BE REGISTERED OR ONLY A DRAFT COPY WILL DO?
23 May 2010
Partnership Deed should be in Stamp Paper (stamp Value as per the Stamp Duty Act), no obligation to register, if the Partnership decided to register, let them go ahead. After the commencement of Partnrship busienss, any time, the parters have a right to apply for registration, there is no draft copy, all the partners should sign before the Witness in all pages in the Partnership Deed. This is as per my knowledge.
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