Form Partnership without formal business address
MODI PARESHKUMAR MANUBHAI
(Querist) 05 April 2015
This query is : Resolved
I am a freelancer grain broker carrying out business of commission agent (Grain) and he dont have any formal shop or office for business. He just took order from customers and place order to merchants for delivery to customer the goods. Now I wants to introduce my brother in his business with formal partnership and want to carry business in name of partnership but, problem is that we dont have formal shop or office. Pleaae advise whether we can use some other merchants office / shop address by using "care of" word for preparing partnership deed and registration of partnership? Please also advise me if any other alternative available. I hope urgent attention or reply to my query as i am in a urgency to take a decision
V R SHROFF
(Expert) 05 April 2015
WHO STOP YOU USING YOUR RESIDENTIAL ADDRESS?
OR HIRE A SHOP ON LEAVE LICENCE AGREEMENT & REGISTER YOUR PARTNERSHIP ON THAT ADDRESS
OR ENTER INTO AGREEMENT TO USE SOMEONE'S ADDRESS
As such even Oral Partnership is valid.
MODI PARESHKUMAR MANUBHAI
(Querist) 05 April 2015
Dear sir can I use Care of address of any one party .
And this is valid for partnership deed and registration for ROF.
Rajendra K Goyal
(Expert) 06 April 2015
Using care of address is not advisable. Expert VR SHROFF has guided you properly.
ajay sethi
(Expert) 06 April 2015
use your residential address
alexander
(Expert) 06 April 2015
Parternership Act doesn't envisage C/o address or simply a Post Box address. You would be using a partnership Firm's seal, the address needs to be shown there
T. Kalaiselvan, Advocate
(Expert) 10 April 2015
As advised by experts, you can use the residential address of either party for the partnership deed.
H.M.Patnaik
(Expert) 27 February 2016
You must understand there is a address clause in a written deed of Partnership.
The promoters of the proposed entity i.e. the Partnership firm intend to form a business entity under a particular name & style to pursue specified business objective so that prospective customers/ clients can contact them in the address of their regd. office as noted in the deed. So, pl. mention your permanent address in the deed where people can contact you for business needs and statutory authority can also communicate in the said address. It need not be a commercial location .
