Partnership Deed
When two or more people come together to start a business, clarity is everything. A Partnership Deed is the legal document that defines how partners will share profits, manage responsibilities, resolve disputes, and operate the business. Without it, even the strongest partnerships can face misunderstandings or legal challenges. At Aarthika Globcorp, we help businesses draft clear, compliant, and conflict-free Partnership Deeds that protect every partner’s rights while laying a stable foundation for long-term growth. Whether you’re forming a small firm or scaling operations, a well-structured deed ensures transparency and trust from day one.
Documents Required
- Identity & address proofs of all partners
- Firm name and business activity details
- Capital contribution details
- Profit-sharing ratio
- Registered office address proof
- Partnership terms & responsibilities
FAQs
Not legally mandatory, but highly essential for defining rights, avoiding confusion, and proving partnership existence.
Registration is optional, but registered firms enjoy stronger legal rights, including the ability to sue third parties.
Capital contribution, duties of partners, profit sharing, dispute resolution, dissolution terms, admission/retirement of partners, and banking authority.
Yes. Partners can modify the deed through a supplementary partnership agreement signed by all partners.
The deed should define exit rules, valuation method, settlement procedure, and how the firm continues afterward.