Admission cum retirement- Partnership

R Gopalakrishna Pillai (finance consultant) (70 Points)

13 February 2021  

Sir I have a query regarding admission and retirement of partners. 

An existing partnership firm consisting of 2 partners. One of them want to retire and same day one new partner is admitting to partnership. Is it possible to have a single deed for admission, retirement and reconstruction. If so kindly send format of the deed. 

Thanks & regards