Dear Sir,
I am the Managing Partner of an Security Agency(Partnership Firm). Now Two friends, those who are working in a Organisation saying me, as they are staying in Capital, they can devlop business in capital and other city. They do not want to be Employees of this Agency, But they wants Profit Share. Then What should be their Portfolio/Designation incorporated in Agreement. Can I or We do agreement with them ? Whether EPF & ESI shall be deposited in their favour. Which type of Agreement should be executed with them ?
