Create Partnership Business in India
Form Partnership Firm in India
“Partnership” is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. Persons who have entered into partnership with one another are called individually, “partners” and collectively “a firm”, and the name under which their business is carried on is called the “firm-name”.
Partnership can be formed by entering into an agreement called Partnership Deed on stamp paper of requisite value as applicable in concerned state where agreement in entered. Registration of Partnership firm is not mandatory as per Partnership Act 1932 but it is always advisable to register the firm because an unregistered firm will not be able to recover more than Rs. 100/-. We can help in this matter.
Change Service for Partnership Business
Introduce Partner in Partnership Firm
New person can be introduced as partner into Partnership Firm subject to contract between partners & with the consent of all the existing partners. We can help in this matter.
Retire Partner from Partnership Firm
A partner may retire with the consent of all the other partners in accordance with an express agreement by the partners, or where the partnership is at will,by giving notice in writing with all the other partners of his intention to retire. We can help in this matter.
Expel Partner from Partnership Firm
A partner may be expelled from a firm by any majority of the partners, save in the exercise in good faith or powers conferred by contract between the partners. We can help in this matter.
Alterations in Firm-Name, Nature of Business and Principal Place of Business
When an alteration is made in the firm name or in the nature of business of a firm or in the location of the principal place of business of a registered firm, a statement shall be sent to the Registrar, within a period of 90 days from the date of making such alteration, accompanied by the fee. We can help in this matter.
Closing and Opening of Branches
When a registered firm discontinues business at any place or begins to carry on business at any place, such place not being its principal place of business, any partner or agent of the firm shall send intimation thereof to the Registrar, within a period of 90 days from the date of such discontinuance or, as the case may be, from the date on which the firm begins to carry on business at such place. We can help in this matter.
Changes in Names and Addresses of Partners
When any partner in a registered firm alters his name or permanent address, an intimation of the alteration’ shall be sent, within a period of 90 days from the date of making such alteration, by any partner or agent of the firm to the Registrar. We can help in this matter.
Changes in and Dissolution of a Firm
Where a change occurs in the constitution of a registered firm, all persons, who after such change are partners of the firm, shall jointly send an intimation of such change duly signed by them, to the Registrar, within a period of 90 days from the date of occurrence of such change. We can help in this matter.
Close Partnership Business in India
Dissolve Partnership Firm
A partnership firm may be dissolved by agreement or by compulsory dissolution or on happening of certain contingencies or on notice in case partnership is at will or Court. We can help in this matter.