Agreement/Deed for Admission of New Partner
The DEED OF PARTNERSHIP executed on 23th day of October,2017 between three partners as under:-
1. Smt.Soma Devi W/O Late Sh. Rattan Lal, Aged 62 years R/O Village Lalwhan, PO Gahar, Tehsil , Ghumarwin, Distt. Bilaspur (HP). ………First Partner
2. Sh. Dinesh Kuamar S/O Sh. Piar Chand, Aged 40 years R/O Village Kharsal, PO Bhambla, Tehsil , Baldwara, Distt. Mandi (HP). ……..Second Partner
3. Sh. Ashok Kumar S/O Sh. Raj Kumar, Aged 42 years, R/O VPO Jahoo, Tehsil Bhoranj, Distt. Hamirpur (HP) ………Third Partner
Whereas the abovementioned partners named mutually by consent resolved to enter into and from Partnership concern/business of Showroom named “Hair & Care Associate”
Such DEED witnessed as under:-
1. The parties hereto shall at present constitute and become partners of the firm subject to the term hereunder contains subject to such modification in its constitution or object clause as may here and after be agreed specifically.
2. The name of the firm shall at present be ‘Hair & Care Associate’ and the object of the partnership shall of running of Showroom . The partner shall enter into engagement on behalf of the firm in the firm’s name only.
3. The head office of the firm shall be at VPO KarohtaI, Tehsil Bhoranj, Distt. Hamirpur (HP). The business of the partnership will be carried on at Karohta or at such other place or places as the partners shall from determine time to time.
NOW THIS DEED WITNESSES AS UNDER :-
1. That a new partner Sh. Ashok Kumar S/O Sh. Raj Kumar, Aged 42 years, R/O VPO Jahoo, Tehsil Bhoranj, Distt. Mandi (HP) has admitted on 06th day of October, 2017 with the free concent of existing partners.
2. That the new partner has bring his share of capital as Rs. 80,000 (Eighty Thousands Only) as per consideration of his admission in the Partnership Firm.
3. That the new partner shall take part in sharing of profit/loss in the proportion of capital employed by him.
4. That the new partner have been authorized for taking any decisions for the sale & purchase of the related products asn to do all needful documentation of the said business firm.
5. Wheareas all the remaining partners has their independent and mutual consent and has no objection at the admission of the Third Partner. And agreed to carry on business with the existing entity and name of the firm.
In witness whereof the partners hereto have put their respective signature on this instrument in the complete soundness of their mind in the presence of witnesses on dated 06th day of October,2017, at …………………………………….
WITNESSSESS :-
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--------------------------- FIRST PARTNER
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2. ------------------------------- SECOND PARTNER
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THIRD PARTNER