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Partnership deed modification

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Querist : Anonymous

Querist : Anonymous (Querist)

21 September 2017 Dear Sir,
We are 2 partners running a firm since last 8 months having Registered Partnership Deed.
Now we want change the place of business and in addition to we are adding 1 more partner into it
However i want to know:
i)if we have to go for new partnership deed or supplementary deed can work for the same.
ii)if 1 partner is not available so can it be done.

Thanks and Regards.

RAJA P M

RAJA P M (Expert)

21 September 2017 1. You ll be add new partner and Create a new deed based on old deed. 2. In case two persons make a partnership firm then one partner is not available then the partnership is disallowed/ lapsed... So, You ll add a new partner then only other one is retired....

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