Supplementary Partnership Deed

This Supplementary Partnership Deed of M/s [Firm Name] is made and executed at [Place], on this [Day and Month], 20__, by and among the following partners:

Existing Partners:

  • Mr./Mrs. [Partner-1 Name], S/o/D/o [Father's Name], R/o [Address]
  • Mr./Mrs. [Partner-2 Name], S/o/D/o [Father's Name], R/o [Address]
  • [Add more if required]

(Hereinafter collectively referred to as the “Continuing Partners”)

Incoming Partner:

  • Mr./Mrs. [Incoming Partner Name], S/o/D/o [Father's Name], R/o [Address]

Retiring Partner:

  • Mr./Mrs. [Retiring Partner Name], S/o/D/o [Father's Name], R/o [Address]

WHEREAS:

  • A Partnership Deed was originally executed on [Date] among the partners.
  • The initial registered office of the firm was: [Old Address].
  • With effect from [Date], the registered office has changed to: [New Address].
  • Mr. [Retiring Partner Name] has retired from the partnership w.e.f. [Date].
  • Mr. [Incoming Partner Name] has been admitted and agreed to contribute: [List of Capital Contribution].
  • The profit and capital sharing ratio has been determined as: [Profit Sharing %].

NOW THIS SUPPLEMENTARY DEED WITNESSETH AS FOLLOWS:

  1. Change of Registered Address:
    With effect from [Date], the new registered office shall be: [New Address].
  2. Retirement of Partner:
    Mr. [Retiring Partner Name] has voluntarily retired from the partnership w.e.f. [Date] and shall have no claim against the firm or partners henceforth.
  3. Admission of New Partner:
    Mr. [Incoming Partner Name] is admitted as a partner from [Date], with all rights, duties, and obligations as existing partners.
  4. Capital and Profit Sharing Ratio:
    The capital contribution and profit-sharing ratio including the incoming partner shall be: [Profit Sharing %].
  5. Ratification:
    Except as modified herein, all terms of the original deed dated [Date] remain unchanged and valid.

IN WITNESS WHEREOF, the parties have signed this deed on the date mentioned above:

For and on behalf of M/s [Firm Name]

  • Mr. [Partner-1 Name]
    Date: __________
    Place: __________
  • Mrs. [Partner-2 Name]
    Date: __________
    Place: __________
  • Ms. [Incoming Partner Name]
    Date: __________
    Place: __________
  • Mr. [Retiring Partner Name]
    Date: __________
    Place: __________

Witness:
Name: [Witness Name]
Address: [Witness Address]
Signature: ___________________

📌 Note:
• This supplementary deed should be drafted on a stamp paper as per local stamp duty laws.
• Changes should be filed with the relevant Registrar if applicable under governing laws.
⚠️ Disclaimer:
This document is a general format and is intended for educational purposes only. It does not constitute legal advice. Please consult a legal expert before using this document to ensure compliance with applicable laws.