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                                            PARTNERSHIP DEED

This Partnership Deed is made on this [Date] at [City, State, Country] by and 
between:

[First Partner Name], S/o [Father's Name], R/o [Full Address], PAN:.........., DOB: [DD/MM/YYYY] (hereinafter referred to as "First Partner").

[Second Partner Name], S/o [Father's Name], R/o [Full Address], PAN:.........., DOB: [DD/MM/YYYY] (hereinafter referred to as "Second Partner").

[Third Partner Name], S/o [Father's Name], R/o [Full Address], PAN:.........., DOB: [DD/MM/YYYY] (hereinafter referred to as "Third Partner").

(Hereinafter collectively referred to as the "Partners" and individually as a "Partner")


ARTICLE 1 – NAME AND PLACE OF BUSINESS
The Partners hereby mutually agree to carry on business in partnership under the name and style of [Partnership Firm Name........].

The principal place of business shall be at [Business Address], or at such other place as may be agreed upon by all Partners.


ARTICLE 2 – NATURE OF BUSINESS
The business of the Partnership shall be [Nature of Business e.g., facility management, trading, consultancy, etc.] and other allied activities as may be agreed by Partners.


ARTICLE 3 – DURATION
The Partnership shall commence from [Effective Date] and shall continue until dissolved in accordance with this Deed.


ARTICLE 4 – CAPITAL CONTRIBUTION
The Partners shall contribute the following amounts as their capital:

First Partner: ₹ [Amount]
Second Partner: ₹ [Amount]
Third Partner: ₹ [Amount]

Any further capital required shall be contributed in the profit-sharing ratio unless mutually agreed otherwise.


ARTICLE 5 – PROFIT SHARING
The net profit and losses of the firm shall be shared by the Partners in the following ratio:

First Partner: [XX]%
Second Partner: [XX]%
Third Partner: [XX]%


ARTICLE 6 – BANK ACCOUNT
The Partnership shall open a bank account in the name of the firm. The account shall be operated by [Partner(s) authorized to sign cheques].


ARTICLE 7 – DUTIES AND POWERS OF PARTNERS
All Partners shall diligently participate in the conduct of business.

No Partner shall, without the written consent of the other Partners:

1) Admit a new Partner.
2) Withdraw capital.
3) Borrow money on behalf of the firm.

Each Partner shall be entitled to inspect and copy the books of accounts of the firm.


ARTICLE 8 – ACCOUNTS
The books of accounts shall be maintained regularly and closed on 31st March each year.

Net profits/losses shall be ascertained and divided as per profit-sharing ratio.


ARTICLE 9 – ADMISSION OR RETIREMENT OF PARTNER
Any new Partner may be admitted or existing Partner may retire only with the consent of all other Partners in writing.


ARTICLE 10 – DISSOLUTION
In case of dissolution, the assets of the firm shall be realized and liabilities discharged. The balance, if any, shall be distributed among the Partners in their capital/profit-sharing ratio.


ARTICLE 11 – DISPUTE RESOLUTION
Any dispute arising between the Partners shall be settled mutually. If not resolved, it shall be referred to arbitration in accordance with the Arbitration & Conciliation Act, 1996.


ARTICLE 12 – MISCELLANEOUS
This Deed shall be governed by the laws of India.

Any amendment can be made only in writing with the consent of all the Partners.

SIGNATURES
IN WITNESS WHEREOF, the Partners hereunto have set their respective hands on the date and year first above written.

Partner 1: ______________________ (Name & Signature)
Partner 2: ______________________ (Name & Signature)
Partner 3: ______________________ (Name & Signature)

Witness 1: ______________________
Witness 2: ______________________