THIS DEED OF PARTNERSHIP IS MADE on this 12th day of January, 2008 by and between Mr. A S/o C R/o XYZ hereinafter referred to as Party of the FIRST PART (which expression shall deem and include his heirs, executors, administrators, representatives, assigns and agents), AND Ms. B D/o D R/o XYZ, Party of the SECOND PART (which expression shall deem and include his heirs, executors, administrators, representatives, assigns), AND
WHEREAS the above named partners have decided to start the partnership business of Recruitment Services in the name and style of M/s SSS with effect from …th day of January, 20.. on the terms and conditions hereinafter mentioned and have desired to reduce the terms and conditions into writing.
NOW THIS INDENTURE IS WITNESSETH AS FOLLOWS :
1. THAT the PARTIES referred above shall carry on the business of Recruitment Services in the PARTNERSHIP FIRM under the name and style of M/s SSS hereinafter referred to as the FIRM) XYZ, But by their mutual consent may start and carry on any other business or businesses under any other name or names at any other place or places.
1. THAT the business of the PARTNERSHIP pursuant to this DEED of PARTNERSHIP shall be deemed to have commenced with effect from …th day of January, 20...
2. That the capital required for the business of Partnership shall be contributed time to time by the PARTIES in such manner in all respect as may be agreed to between them and such capital may be paid interest as may be mutually agreed from time to time at the rate of rates not exceeding 12% (Twelve Percent) per annum.
3. That all the PARTIES referred above shall be Working Partners and shall attend diligently to the business of the Partnership and carry on the same for the greatest advantage of the Firm.
4. That all the WORKING PARTNERS may be paid...