Documentation
Partnership Deed in Delhi, Noida & Gurgaon
Definition
A Partnership Deed governs a firm under the Indian Partnership Act, 1932. An LLP Agreement governs a Limited Liability Partnership under the LLP Act, 2008. KG Lawyer drafts partnership and LLP agreements with clear profit-sharing, exit, and dispute-resolution clauses across Delhi, Noida and Gurgaon.
Acts & Provisions
1
Indian Partnership Act, 1932
Partnership formation and dissolution.
2
LLP Act, 2008
Limited liability partnership framework.
Charges & Punishments
| Offence / Matter | Penalty / Relief |
|---|---|
| Non-registration of partnership (Section 69) | Bar on filing suits by unregistered firm — civil disability, not criminal. |
Statutory references are based on current Indian law. Always consult a qualified lawyer for matter-specific advice.
Required Documents
Partner KYC and PAN
Capital contribution details
Profit-sharing ratio
Business address proof
DSC (for LLP)
Role of a Lawyer
- Draft deed / LLP agreement with governance clauses
- Registrar of Firms / MCA filings
- Admission, retirement, and dissolution advisory
Our Role at KG Lawyer
- 1Professional LLPs (lawyers, CAs) with bar-specific clauses
- 2Conversion from partnership to LLP / Private Limited
- 3Dispute and dissolution handling
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Partnership to Private Limited Conversion
Growing firm needed limited liability and VC funding.
Outcome: Conversion completed with asset-neutral tax treatment and subsequent Rs 10 crore raise.
Case studies are anonymised to protect client confidentiality and comply with BCI ethics rules.