DEED OF
ADMMISSION OF A NEW DESGINATED PARTNER
This Agreement is made and executed at ____________
on this Date______________
Amongst
1.
i.
Mr. _________ S/o Mr._________, aged 00 years residing at No. ..................and
ii.
M/s. ............................., A Private Limited
Company incorporated under
Companies Act 1956/2013, represented by its nominee, Mrs. ........................ aged about 41 years residing at
No.....................,
Being
Partners in ................................. LLP, a registered firm duly
constituted under the LLP Act, 2008, of the First Part;
And
2. Mr. .................. S/o Mr..................... aged 00 years
residing at No. _________________________(hereinafter called the New Partner of the Second Part;
WHEREAS the existing partners are carrying on the main
business of the LLP as to work as
...................................... under the name and style of “................. LLP” (Registration No.AAB-............) (hereinafter referred as LLP) at Bangalore in terms of Limited Liability Partnership Agreement
dated_________.
AND
WHEREAS on the request of the
Party of the Second Part, the Existing Partners have agreed to introduce him as
a partner in the LLP and in consideration of the Second Party contributing the
sum of Rs. _______ /- towards
capital of the LLP.
NOW THIS DEED WITHNESSETH AS FOLLOWS:
1.
That
this agreement is supplemental to the Deed of Limited Liability Partnership
agreement dated _______________made and executed between the Existing Partners.
2.
That
from the date hereof, the said Second Party shall be a partner with the
Existing Partners subject to the terms and conditions of the said Limited
Liability Partnership agreement except in so far as the same are varied by this
agreement.
3.
That
the capital of the LLP shall be Rs.___________/-
contributed & held by the parties hereto in the following manner:
Sl. No
|
Name of the Partner
|
Contribution Amount
|
% of share
|
1
|
Mr.
|
||
2
|
M/s
|
||
3
|
Mr.
|
||
Total
Contribution
|
100.00%
|
4.
That
the partners shall be entitled to share the profits and bear the losses of the
LLP in proportion to their respective shares in the LLP.
5.
That
except as modified by this agreement, the Limited Liability Partnership
agreement of date _________ shall hereafter be read and construed as if the
same had been executed by the Existing Partners and New Partner hereto.
In witness whereof, the parties hereto have set and
subscribed their hands, the day and year first hereinabove written.
Signed and delivered by
For and on behalf of
.............................................
Party of the First Part Party of the Second Part
.................. ............... ......................
(Designated Partner) (Designated Partner)
(New Designated Partner)
Witnesses:
a)
Name:
Address:
Signature:
b)
Name:
Address:
Signature: