Change in Partners profit sharing ratio.

Quick Summary
This discussion addresses how to change the profit sharing ratio between partners in a firm. The procedure involves amending the partnership deed and submitting it to the Registrar of Firms (ROF). For firms initially registered online, the amended deed can typically be uploaded via the ROF website. The specific form or process for uploading the amended deed on the ROF portal is clarified, with a recommendation to use the 'reconstitution of firm' option.

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Maharashtra                                               

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