Partnership deed format

1320 views 2 replies

Can anyone please send the format of partnership deed after the death of the partner?

In my case other partner will contine as a partner and decased partner's legal heir which is his wife will be retire from  partnership

 

Replies (2)

As per the partnership deed between the partners of the firm, there should be a clause, that the firm is not dissolved by the death of a partner, and the deceased partners' heirs or legal representatives or their duly authorised agents shall have a right to join as partners of the firm.

If there is no such provision in the deed, the firm will be dissolved by the death of a partner.

Regarding format of deed, you just mention in recitals about the history of death and admission of new partner. Change name of the deceased partner to newly admitted partner. With a few modifications to the existing deed, you may write yourself. In case of difficulty consult any professional such as CA, advocate etc.

thanks a lot.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details