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Amendment to partnership deed

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Dear Members, If the Partnership Deed initially did not provide for remuneration/salary to be paid to working partner but if the same has to be added to the Deed, what is the procedure? There is a provision in the Deed that it can be amended by mutual consent of both partners in writing. Should a new deed be drawn up? Should the amendment be made on a stamp paper or ordinary letter head signed by both partners would be enough? Please advice.
Replies (1)

Hello,
Both opions are correct. You can choose which is better for u.


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