Shaher yar 02 June 2024
A partnership agreement is drafted incorporating all the clauses in detail in about 30 pages . It also provides for addition of new partners. If new partners are added to do we need to make a full fledged PARTNERSHIP agreement of 30 pages or we can make a simple agreement of 1 or 2 pages stating that the new partner agrees to all the conditions mentioned in first Partnership Agreement? Will such agreement be legally valid?
kavksatyanarayana (subregistrar/supdt.(retired)) 02 June 2024
Reconstitution of the Partnership deed shall be executed by all the partners including the incoming partner under the terms and conditions of the original partnership deed.
Dr. J C Vashista (Advocate ) 03 June 2024
Show the 30 page partnership deed to a local prudent lawyer for better appreciation of terms and conditions especially induction of "new partner"
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