Download Indian partnership templates: deeds, new/admitting partners, minor benefit, dissolution/retirement, constitution changes, single-venture JVs, and statutory notices.
Quick Overview
FAQs
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.