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This document dissolves a partnership between three parties that was originally formed under a partnership deed dated [DATE]. The parties mutually decided to dissolve the partnership as of [DATE] and have settled all accounts in full and final. Under the dissolution, the second party will take over the business and assets of the partnership business called M/s [BUSINESS NAME] and have the right to use the goodwill and other assets. All accounts between the parties have been settled.
This document dissolves a partnership between three parties that was originally formed under a partnership deed dated [DATE]. The parties mutually decided to dissolve the partnership as of [DATE] and have settled all accounts in full and final. Under the dissolution, the second party will take over the business and assets of the partnership business called M/s [BUSINESS NAME] and have the right to use the goodwill and other assets. All accounts between the parties have been settled.
This document dissolves a partnership between three parties that was originally formed under a partnership deed dated [DATE]. The parties mutually decided to dissolve the partnership as of [DATE] and have settled all accounts in full and final. Under the dissolution, the second party will take over the business and assets of the partnership business called M/s [BUSINESS NAME] and have the right to use the goodwill and other assets. All accounts between the parties have been settled.
THIS DEED OF DISSOLUTION is executed at on this day of the year among Shri AB son of .............., resident of .............., hereinafter referred to as party of the FIRST PART (which expression shall mean and include all his heirs, executors and assigns), CD son of .............., resident of .............., hereinafter referred to as Party of the SECOND PART (which expression shall mean and include all his heirs, executors and assigns) AND Mrs. EF, SM of .............., hereinafter referred to as Party of the THIRD PART (which expression shall mean and include all her heirs, assigns and executor ). WHERE parties to this deed had entered into partnership as per partnership Deed dated AND WHERE parties were carrying on business in partnership under the name and style of M/s ............................ AND WHERE parties to this deed mutually decided to dissolve the partnership on .................. and settled all their accounts in full and final. NOW THIS DEED WITNESSES AS UNDER: 1. The partnership shall stand dissolved with effect from ............................. 2. The business of M/s .................. shall be taken over by party of the second part who shall be entitled to use the entire goodwill and other assets of the firm. 3. The parties have already settled all their accounts in full and final and none has to recover anything from the other party. IN WITNESS WHEREOF THE PARTIES HAVE SUBSCRIBED THEIR HANDS UNTO THESE PRESENTS ON THE DAY, MONTH AND YEAR MENTIONED ABOVE. WITNESSES: 1. Party of the First Part 2. Party of the Second Part 3. Party of the Third Part.