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India Partnership Deed

Set up a partnership under Indian law with this Partnership Deed template.
  • One of the partners will be the managing partner and will conduct the partnership’s affairs. The managing partner will be paid an annual remuneration.
  • The partners will contribute additional funds to their respective capital accounts as required by the partnership business.
  • Interest will be paid on the capital and/or loan accounts of the partners. If a partner’s capital account has a debit balance, the partner will pay interest to the partnership at the rate established in the Deed.
  • Net profits will be distributed among the partners in proportion to their capital contributions. Losses will be allocated on the same basis.
  • Each partner agrees to pay his separate debts and to indemnify the other partner(s) and the assets of the partnership against such debts.
  • No goodwill will be payable on the death or retirement of a partner.
  • The parties agree to binding arbitration in the event of a dispute.
This India Partnership Deed template is available in MS Word format, and is fully editable to fit your particular circumstances.

Download: India Partnership Deed

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Canadian Law Resources: (14-Apr-2018) E.&O.E.

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