Partnership deed

Agreement deeds 1259 views 2 replies

Whether partners can enter into a partnership deed on terms and conditions applicable after one year?

Example : deed made on 01/04/2013 having effect from 01/04/2014 on the stamp paper dated 01/04/2013.

Replies (2)

So why preparing deed b4 one year ? Any specific purpose ? when will start Business Acvities from  1/4/2013 or from date of which t & c apply actually ?

To form a partnership business there should be an immediate constitution/formation/ association. In absence of immediate formation, there is no partnership. Hence future constitution cannot form a valid partnership.


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