Partnership Deed Registration
A partnership deed is a legal document inclusive of terms and conditions, and rights and responsibilities, which has been agreed by both the parties for carrying out a business operation. Persons entering into the partnership are known as “Partners” individually or “Firms” collectively. A partnership deed requires minimum of two partners and it is created for establishing a “Partnership Firm.”
All the regulations regarding partnership firm and partners are defined under Section 4 of the Indian Partnership Act, 1932. This deed helps in preventing disputes and disagreements between the partners and their roles in the enterprise. All the partners are required to sign a legal agreement called Partnership Deed or Partnership Agreement.
Important documents required for the registration of a partnership firm are :-
- Name of the Firm
- Nature of the Business
- Identity (ID) proof of all the parties such as Driving License, Aadhar Card, Voter ID Card, Passport etc.
- Photographs of all the partners
- Partnership Deed
- Ownership documents of the firm such as Sale Deed, Conveyance Deed, and Agreement to Sell etc.
- In case, the office premises has been taken on lease or rent, then a copy of lease agreement and a No Objection Certificate (NOC) from the landlord.