Reconstitution of partnership firm

No problem... It is provided in the Act itself ... Points not covered under the parent deed would be followed from the Act... You can incorporate in the re-constituted deed.... Remember, the deed can not contain any provision contrary to the provisions of partnership Act..

The deed can also term as "Deed of retirment,admission and reconstituition" .Here  you can add more clauses as needed.

Thank you friends for your timely help.

good advice by Mr. Shihab.

Can all the partners in the old partnership firm except one of them can retire at a time and can the only remaining partner who wants to continue the business admit new partners afterwards and still continue to do business in the firm name of the old partnership firm.   Does the firm automatically not become sole properitorship upon all the other partners retiring at a time untill the new partners are admitted.  Will such a situation cause any hurdles in registering the newly constituted partnership in registering with sales tax dept, or any other depts.

Regards,

Mattapally, Hyd.