Partnership Deed
For forming a general partnership under the Indian Partnership Act — a genuinely different legal structure from an LLP, with different liability implications.
- Profit-sharing ratio and capital contribution clearly documented
- Partner authority and decision-making rules
- Admission, retirement, and dissolution provisions
- Explicit distinction from an LLP — unlimited liability implications addressed directly
📧 Rakeshkjaiswar@seedhakanoon.com
📱 +91 91679 36053
Businesses forming a general partnership
Two or more people starting a business as a traditional partnership, rather than an LLP or company.
Existing informal partnerships formalising terms
Partners already operating together who want proper documentation of profit-sharing and authority.
What we actually checked, and when.
1. Update the jurisdiction. This template is drafted with placeholder city/state fields — replace them with your own business's actual location, not any example city shown in the document.
2. Print on valid stamp paper. This PDF is a drafting template, not an executable legal document on its own. Under the Indian Stamp Act, most agreements need to be printed on physical stamp paper (or e-stamped) of the correct value for your state before signing — an unstamped agreement may be inadmissible as evidence until the deficiency is paid. Confirm the correct stamp duty and process for your state before execution.
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