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Business Details
The name of the partnership firm shall be [FIRM_NAME] and the nature of business shall be [BUSINESS_ACTIVITY].
Parties
This Partnership Deed is made on [AGREEMENT_DATE] between
[PARTNER_1_NAME] residing at [PARTNER_1_ADDRESS] and
[PARTNER_2_NAME] residing at [PARTNER_2_ADDRESS],
who have agreed to carry on business in partnership.
Place of Business
The principal place of business shall be situated at [BUSINESS_ADDRESS] or such other place as mutually agreed.
Capital Contribution
The partners shall contribute capital as follows:
[PARTNER_1_NAME] – RS.[PARTNER_1_CAPITAL]
[PARTNER_2_NAME] – RS.[PARTNER_2_CAPITAL]
Profit and Loss Sharing
The profits and losses of the firm shall be shared between the partners in the following ratio:
[PROFIT_SHARING_RATIO].
Duration of Partnership
The partnership shall commence from [COMMENCEMENT_DATE] and shall continue until dissolved as per mutual consent.
Bank Account
The partnership firm shall maintain a bank account with [BANK_NAME], and operations shall be carried out as agreed.
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