FRANKING OF LEGAL DOCUMENTS

Drafting of Partnership Deed

Suppose a partnership is commenced on January 1, 2010.

The Deed of Partnership is executed on 15th January, 2010 on a stamp paper dated 10th January, 2010.

Q 1) When will the partnership considered to commence

         a.)    Jan 1 

         b.)    Jan 10

         c.)     Jan 15

Q 2) Suppose the deed specifies that the partnership comes into effect from Jan 1, 2010. Then will you answer to Q 1 be different?