Formation of Partnership

Deed
By

DR. MAHESH THAKAR ROLL #

MBA (B & F)

Reputation and learning are akin to capital assets, like the good will of an old partnership For many, they are the only tools with which to hew a pathway to success. The money spent in acquiring them is well and wisely spent.

4. DOCUMENTS GENERALLY REQUIRED TO BE PREPARED UNDER VARIOUS ACTS:

(i) Indian Contract Act: Agreements, MOUs, guarantees, indemnities, power of attorneys and all other documents not specifically covered elsewhere. (ii) Companies Act: Memorandum and Articles of Association, resolutions, minutes, proceedings relating to takeovers, mergers, scheme of amalgamation, demergers and connected documentation, Prospectus. (iii) Indian Partnership Act: Partnership deeds, reconstitution, resolution, retirement of partners

(iv) Transfer of Property Act: Sale deeds, lease deeds, gift deeds, exchange of property, mortgage, documents, agreement for sale, construction and development agreements, release deeds. (v) Intellectual Property rights: Copyright, relinquishment of copyright, trademarks and its assignments, patents registration and assignment, registration of designs, franchise agreements, etc. (vi) Banking transactions, related documentation: Sanction letters, board resolutions, hypothecation and mortgage documents, consortium documents. (vii) Industrial and labor laws: Appointment, apprenticeship, disciplinary proceedings, charge sheets, departmental inquiries, retrenchment, schemes for gratuity, provident fund trust, contract labor, etc. (viii) Insurance laws: Insurance policies, assignments and other connected documents

(ix) Arbitration laws: Arbitration agreement, international arbitration agreements, notices for arbitration, submissions before arbitrators, proceedings for challenge to arbitration award, etc. (x) International agreements: Agreements between the parties/corporates having different nationality and governed by different laws, treaties and protocols, conventions applicable to and governing the situation. (xi) Testamentary and family laws: Will, codicil, cancellation of will, family settlement, creation of trust, family partition, marriage and divorce, intervous and testamentary succession, adoption deed. (xii) Other financial transactions: Commercial papers, related documentation, standby facility, consequences of default (xiii) Other miscellaneous documents: Formation of societies, NGOs, S. 25 companies, financial collaborations, joint ventures, bonds, agency, consultancy, supply.

Partnership deed

1% of the capital subject to maximum of Rs. 10000/Rs. 100/Rs. 100/- except when power to sell the property is given to attorney. In such case, stamp duty as per sale deed

For alteration/dissolution of partnership Power of attorney

THANKING YOU

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