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    0 0 6114123112131partnership Deed

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    Sahar Ahmed Laskar
    This document is a partnership deed made on February 27, 2013 between Kamaljeet Singh, Parminder Kumar, Gurmeet Singh, and Neelam Rani to form a partnership called B&B Flour Mill. The key terms of the partnership include: 1) The partnership will carry on the business of flour milling with its office located in Morinda Road, Chamkaur Sahib District Ropar. 2) All partners will work diligently and attend to business activities with Kamaljeet Singh authorized to sign documents on behalf of the firm. 3) The partnership duration is at-will and net profits/losses will be shared equally at 25% each among the

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    © All Rights Reserved
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    0 0 6114123112131partnership Deed

    Uploaded by

    Sahar Ahmed Laskar
    89 views3 pages
    This document is a partnership deed made on February 27, 2013 between Kamaljeet Singh, Parminder Kumar, Gurmeet Singh, and Neelam Rani to form a partnership called B&B Flour Mill. The key terms of the partnership include: 1) The partnership will carry on the business of flour milling with its office located in Morinda Road, Chamkaur Sahib District Ropar. 2) All partners will work diligently and attend to business activities with Kamaljeet Singh authorized to sign documents on behalf of the firm. 3) The partnership duration is at-will and net profits/losses will be shared equally at 25% each among the

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    0_0_6114123112131Partnership_Deed

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    This document is a partnership deed made on February 27, 2013 between Kamaljeet Singh, Parminder Kumar, Gurmeet Singh, and Neelam Rani to form a partnership called B&B Flour Mill. The key terms of the partnership include: 1) The partnership will carry on the business of flour milling with its office located in Morinda Road, Chamkaur Sahib District Ropar. 2) All partners will work diligently and attend to business activities with Kamaljeet Singh authorized to sign documents on behalf of the firm. 3) The partnership duration is at-will and net profits/losses will be shared equally at 25% each among the

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    89 views3 pages

    0 0 6114123112131partnership Deed

    Uploaded by

    Sahar Ahmed Laskar
    This document is a partnership deed made on February 27, 2013 between Kamaljeet Singh, Parminder Kumar, Gurmeet Singh, and Neelam Rani to form a partnership called B&B Flour Mill. The key terms of the partnership include: 1) The partnership will carry on the business of flour milling with its office located in Morinda Road, Chamkaur Sahib District Ropar. 2) All partners will work diligently and attend to business activities with Kamaljeet Singh authorized to sign documents on behalf of the firm. 3) The partnership duration is at-will and net profits/losses will be shared equally at 25% each among the

    Copyright:

    © All Rights Reserved
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    of 3

    _FIVE HUNDRED

    RUPEES t

    dara tara PUNJAB Partnership Deed E 704562


    This Deed of Partnership is made on This 27th day of February. 2013. Between:
    f l. Kamaljeet Singh S/o S. Gurmeet Singh age 30 years. resident of Village
    ‘ Makrauna Khurd.Tehsil Chamkaur Sahib. District Ropar. party of the first
    a part.
    i 2 Parminder Kumar S/o Late Shri. Lajpat Rai. age 32 years . resident of Ward
    ' No. 7. Mane Majra. VPO Chamkaur Sahib District Ropar, party of the
    Second part.

    d No. 7. Mane Majra. VPO. Chamkaur Sahib District 7. ‘partsty of


    Fourth part.
    jereinafter called partner(s)|

    Whereas all the above mentioned parties are carrying on the business of
    ' Fionr Mill under the name and stvle of M/s B & B Flour Mill at Morinda Road,
    § Chamkaur Sahib District Ropar in partnership with each other.
    rl And whereas all the parties hereto mentioned above agreed to enter in to a
    _new partnership business of Flour Mill under the name and stvle of M/s B & B
    ‘Flour Mill at Morinda Road. Chamkaur Sahib District Ropar with effect from
    827th February. 2013.
    é And whereas all the parties hereto mentioned above are major and of
    goound mind and to obviate all doubts with and desire to ereate a written document

    ee
    Kamalicet Singh = Parminder Kumar Gurmeet Singh Neelam Rani

    i :
    oo
    ape
    ame oh, Fit} sh
    =e
    having all the terms and conditions of the partnership which is as under:-
    Now this deed of partnership witnesseth as under
    That the name and style of the firm shall be M/s B & B Flour Mill and the
    partnership shall carry on the business of Sale of Flour (Wholesale and
    retail) and/ or any business and /or trade as the partners. may from time to
    time, determine.
    That the office of the business of the partnership firm shall be at Morinda
    to

    Road, Chamkaur Sahib District Ropar and /or at any other palace(s) as the
    partners may. from time to time. determine.
    That partners shall enter in to engagements or transactions on behalf of the
    firm's name only.
    That all the parties mentioned above shall be working partners and shall
    attend to the business activities of the firm diligently and honestly and with
    their proper duties of work as the partners may. from time. determine by
    their mutual consent. But Kamaljeet Singh Partner will be authorized

    signatory of the Firm and he will sign all the documents ete. of any type. in

    regard to the business of the firm or for the smooth running of business of
    the firm. He will also sign the required documents for obtaining any
    Permission/NOC ete. from_any Government/Private department, on behalf
    of the firm,
    That this deed shall come in to foree w.e.f. 27th February. 2013.
    ur
    < 2

    ney That the duration of the partnership shall be at "Will’ ,


    ae

    »B.%
    by be tSb, 6
    % on Y, 7 That net profits or losses. as the case may be. of the partnership business.
    ee
    te
    a ty
    SO shall be shared by all the partners as under:-
    Kamaljeet Singh. party of the first part 25%
    Parminder Kumar. Party of the second part 25%
    Gurmeet Singh. Party of third part 25%
    Neelam Rani. Party of Fourth part 25%
    100%

    the accounts of partnership business shall be closed on 31st day of


    oP pul
    SOF PS Mfarch every year when a profit and loss account and the balance shall be
    prepared and the net profits or losses. as the case may be. of the partnership
    business. will be divided or born amongst partners in the manner indicated
    above,
    9; That no partner shall have right to sell. mortgage or transfer his/her share or
    Kamaljegt Singh Parminder Kumar Gurmeet Singh Neelam Rani
    sala yert one)
    interest in the partnership to a stranger without the written consent of the
    rest of the partners jointly.
    10. That no partner shall hypothecate. pledge or alienate in any manner, any
    property of the firm for raising any loan or to create any liability in his/her
    personal capacity for his/her personal purposes.
    11. That the partners shall maintain proper books of accounts which shall be
    kept at the place of work for the time being and every partner or his/her
    duly authorized representative shall have access to and power to take copies
    of the same at all reasonable times.
    12. That an account may be opened in any scheduled Bank in the name of the
    firm, which shall be operated upon by any of the party individually on
    behalf of the firm.
    13. That any dispute or difference which may arise between the partners or
    their representatives. with regard to the continuation. manning and effect to
    this deed or any part thereof or respecting the accounts. profits and losses of
    the business or the rights and liabilities of the partners under this deed or
    ‘ the dissolution or winding up of the business or any other matter relating to
    the firm shall be referred to arbitration.
    14. That the partners may. by mutual consent, from time to time alter, add to .
    change, amend or delete any of the above provisions.
    f 15. That all other matters for which no provision is made in this deed shall be
    governed by the India Partnership Act. 1932,

    In Witness whereof, all the parties hereto mentioned above have put their

    signatures hereto this day and vear first mentioned above. ab


    identify the deoponeik executant
    who hes signed aT
    in a
    Lets hs amaljeet Singh
    be Ce =: Party of the first part.
    Nz

    Parminder Kumar
    nN

    Party of the second part.

    3, liom a4)
    Party of the third part
    The cuntents of this affidavit, document et 7 z 1
    SPA/ GPA has bean road aver & exe ee \ J al
    to the depor ulant ' Attesied is Jo): eels ani
    adimutted the s rect & hei she a iichutfieds lam Rant
    mati..ci in the rec see al arty of the fourth part
    ae

    has signed! thumb


    Sr Men, Page Ne Loe or —083\4%

    >

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