Admission of new partner in firm

Himanshu (Querist) 08 October 2009 This query is : Resolved
For admission of new partner in partnership firm what document we should execute, agreement with new partner for admission of new partner or fresh partnership deed. Please advice

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A V Vishal (Expert) 08 October 2009
You need to execute a fresh partnership deed admitting the new partner with the new profit/loss sharing ratios and also file a Form V with the registrar of firms.

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Sachin Bhatia (Expert) 08 October 2009
Execute a new partnership deed mentioning the new partner in it.

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n.k.sarin (Expert) 08 October 2009
agreed with Mr. vishal

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Raj Kumar Makkad (Expert) 08 October 2009
Agreed with Vishal.

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adv. rajeev ( rajoo ) (Expert) 09 October 2009
Agreed with all the advises of the larned members.

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sanjeev murthy desai (Expert) 09 October 2009
I agree with the Mr. A. V. Vishal,

This procedure and fresh deed called as "Reconstitute of Partnership Deed"

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