Partnership deed format

1355 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 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details