Partnership deed
This query is : Resolved
Sudhir Khurana
(Querist)
30 March 2010
hi,
we are planning to open a partnership firm. Initially we will start it with some tools trading. In the partnership deed, we need to mention the nature of business for e.g.
The partnership will carry on the business of …………………………….. and such any other business or profession as mutually agreed by all the partners.
Now, to pursue many other business in future, should i write annexure attached and at the end of the deed we will attach one annexure implicating every possible name of goods, products & kind
or
simply 'trading services' or simply trading of tools will be right.
Please guide us with the right thing to do so that we will face minimal difficulty in near future.
we are planning to open a partnership firm. Initially we will start it with some tools trading. In the partnership deed, we need to mention the nature of business for e.g.
The partnership will carry on the business of …………………………….. and such any other business or profession as mutually agreed by all the partners.
Now, to pursue many other business in future, should i write annexure attached and at the end of the deed we will attach one annexure implicating every possible name of goods, products & kind
or
simply 'trading services' or simply trading of tools will be right.
Please guide us with the right thing to do so that we will face minimal difficulty in near future.
30 March 2010
You need not specify the goods, products or kinds. You may simply mention trading in all kinds of goods.
CA Ashok Kumar Sahu
(Expert)
30 March 2010
agree with expert
CMA Arif Farooqui
(Expert)
02 April 2010
agreed
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