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Partnership
Download Indian partnership templates: deeds, new/admitting partners, minor benefit, dissolution/retirement, constitution changes, single-venture JVs, and statutory notices.
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Quick Overview
All templates are provided for reference and should be reviewed by legal professionals before use.
Frequently Asked Questions
Common questions about Partnership legal templates
What core templates are included in this Partnership directory?
Standard partnership deed, addendum to modify deed, admitting a new partner, admitting a minor to benefits, retirement and dissolution deeds (including where business continues), single-venture partnership, inter-entity partnerships (individuals, firms, companies), and statutory notices for constitution/address/name changes.
Can a minor be a partner in India?
A minor cannot be a full partner but may be admitted to the benefits of partnership with consent of all partners, entitled to profits but not liable for losses beyond their share.
What should a standard partnership deed contain?
Firm name and business, capital contributions, profit/loss sharing, duties, banking and accounting, admission/retirement, dispute resolution, duration, dissolution, and governing law.
How do we admit a new partner to an existing firm?
Execute a deed of admission/addendum with unanimous consent if required by the deed, update profit-sharing ratios, re-constitute the firm, and file requisite changes with the Registrar of Firms where registered.
What is included in a partner retirement deed?
Effective date, settlement of capital/current accounts, release and indemnities, non-compete/non-solicit (if agreed), assignment of rights, and public/Registrar notices to bind third parties.
When is a dissolution deed needed?
When partners decide to end the firm or reconstitute without the firm continuing. The deed covers asset realization, liability settlement, distribution, and public/Registrar notices.
Can companies or HUFs be partners?
Companies can partner through authorized signatories. An HUF is represented by its Karta; the HUF as such is not a separate legal person but may enter into partnership through the Karta.
What is a single-venture partnership agreement?
A partnership formed for a specific project or limited duration, defining scope, capital, profit share, management, and automatic dissolution upon completion.
What filings follow changes in a registered partnership?
File notices of change in constitution, partner details, firm name/address with the Registrar of Firms as per state rules; update PAN, GST, bank mandates, and licenses.
Any drafting tips for inter-entity partnerships?
Clarify authority and board/shareholder approvals, representations of good standing, capital and IP contributions, decision-making, exit/transfer restrictions, dispute resolution, and tax/GST implications.