It is safe to have a legal document to avoid unnecessary harassment and unpleasant consequences among partners if there is any dispute. Then you need drafting Partnership deed for mutual benefit. The registration of Partnership deed is done under the Indian Registration Act, 1908 to avoid the anxiety of destroying the Deed of partnership in possession of the partners.
Anyways, a partnership firm can also be created without registration under Indian Registration Act, by getting into a deep of Partnership. Also, there is a scope of adding an amendment agreement to the partnership deed to change the terms of a Partnership Firm.
Before starting the business, a partnership deed is created by the parties. The deed must be printed on Non-Judicial stamp paper of value Rs. 100 or more and signed by all the partners to enforce it.
With us, you can focus more on other aspects of your business and collaboration, while our professional team would look after drafting the agreement and its registration.
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