Model Format of Agreement Modifying the Partnership Deed

Model Format of Agreement Modifying the Partnership Deed

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Agreement Modifying the Partnership Deed
Agreement Modifying the Partnership Deed

This Deed is made at ……………. on this ……………… day of …………., 2000, between A, son of ………………….. resident of ……………….. of the ONE PART and B, son of ………………. resident of ……………….of the SECOND PART and C, son of ……………………. resident of …………………………….. of the THIRD PART.

Whereas the parties hereto are carrying on the business of …………… under the name and style of M/s. ………………………………….. at ……………….. upon the terms and conditions contained in Deed of partnership dated ……………………….;

And Whereas clause ………………………. of the said partnership deed provides that all the partners will devote their whole time and attention to the business of the partnership;

And Whereas clause …………………. of the said partnership deed further provides that no partner shall without the consent of the other partners engage directly or indirectly in any business other than that of the partnership;

And Whereas A, one of the partners, has been offered an assignment by ………………………….. which shall be completed within a period of ………………… years and the said partner will have to stay in ………………….. during the said period while undertaking the said assignment;….

Note: This is just the part of the agreement. To get it drafted completely by legal experts, kindly contact the expert team of Aapka Consultant by clicking here

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