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2.4 Double Entry Book Keeping—CBSE XII
SPECIMEN OF PARTNERSHIP DEED
THIS DEED OF PARTNERSHIP IS MADE on this 1st day of April, 2019 by and between
Ms. Deepali D/o Mr. Hitesh Dutta R/o 403 Green Heavens, Kolkata CGHS LTD., Plot No. 35, Sector-4,
Chittranjan Park, Kolkata, West Bengal hereinafter referred to as the First Party (which expression shall deem
and include her heirs, executors, administrators, representatives, assigns and agents),
And
Ms. Manju D/o Mr. Debanuj Choudhury R/o 1, L-75A, Airport Road, Maya Enclave, Kolkata, West Bengal
hereinafter referred to as Second Party (which expression shall deem and include her heirs, executors, administrators,
representatives, assigns and agents).
WHEREAS the above named parties have decided to start the partnership business of ready-made clothes.
WHEREAS, they have decided to carry on the business under the name and style of C4T.
AND WHEREAS they have agreed to the terms and conditions among themselves to carry on the business.
AND WHEREAS the parties to this Deed have decided to reduce the terms and conditions agreed to among
them into writing.
NOW THIS INDENTURE IS WITNESSETH AS FOLLOWS
Name of the Firm
1. That the name and style of the firm under which the business shall be carried shall be C4T.
2. That the partners shall be at liberty to change the name of the firm as agreed between them as and when
they desire.
Partners of the Firm
3. That the partners of the firm C4T shall be
Ms. Deepali D/o Mr. Hitesh Dutta R/o 403 Green Heavens, Kolkata CGHS LTD., Plot No. 35, Sector-4, Chittranjan
Park, Kolkata, West Bengal, and
Ms. Manju D/o Mr. Debanuj Choudhury R/o 1, L-75A, Airport Road, Maya Enclave, Kolkata, West Bengal.
Date of Commencement of Business
4. That the business of the Partnership pursuant to this Deed of Partnership shall be deemed to have
commenced with effect from 1st April, 2019.
Business of the Firm
5. That the firm shall carry on the business of manufacturing and selling of fashion clothes for teens.
6. That they may, by their mutual consent, start and carry on any other business or businesses.
Place of Business
7. That the principal place of partnership business shall be situated at 7, Park Street, Kolkata, West Bengal or
at such other place or places, as shall be agreed to by the partners from time to time.
Capital Contribution
8. That partners shall contribute capital of ` 5,00,000 each.
9. That the partners may agree to increase the capital of the firm by bringing in additional contribution on
the terms and conditions as may be mutually decided among the partners.