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Can we change the bussines in partnership firm...?

Others 351 views 3 replies

If Any firm are having ABC Business But now They want to change the Business and start with XYZ business, So when need to change in Partnership Deed..? Is There any Particulate Format For this..? Kindly Help. Thanks.

Replies (3)
amend the partnership deed with the clause for new business to be carried and removal if old business clause.
if change in profit sharing ratio and other things get it amended in the deed and register the ded with rof

It is only possible if your partner agrees to do so. 

Yes, it should be amended in partnership deed.


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