<) Serial No. 3006. Cirelp:-:NA Be patrol Suminan “of Endérsement Ths document was pépsented for registration on 11/05/2017 by’ Anil Kumar Singh A Stamp Duty of Rs. 11000/- and other Feés of R: 2250/- hes béen paid in it and their Identifier, who have admitted execution. efore.me, are affixed on the reverse pag} The document has begn registered as Deed No. 3 1.890k No. 4, Volurfié No. 1 on pages frofn 4] has been preserved if total 10 pages ‘o D.No. 3 { Year 2017 a at are cama eae TA weet A a ae ay wT cos pi i oer t Sub Registry. ice ,Jagdishpur 20 oH The document was fognd admissible. The Names, otographs, Fingerprints and’ Signatures of tf Executants 6a | AS Oa oy mi] ith Date | andra) | PARTIE & Sy 3 MWS Sumit Indane Gramin Vitrak Narayanpur, |S] ug og Ps- Narayanpur(Sahar) Distt. Bhojpur (Bihar), : PU gy g This Deed of Paftnership is executed at"lagdishpur om this 19th day of FE YS) May, 2017 bya a ir gant, V Ss E i Ee wD Shea Sal GEAR Gost am IPS *Dol>Token Number 3137 [Prestype Name |presented By Anil Kumar Singh | 19:5 VOr> executant Anil Kumar Singh hot rime | ac iosex |) mse | See |sio. ae OH | (9 17 | Jexecutant Kiran Devi ese identified By Rakesh Kumar Singh Sig. \ | ‘SCORE vero Powered Gopuared By 2001s0p011 | 19: 6+] plete BE 993141944) erBETWEEN ~ Ww 1) Sri Anil Kumar Singh son of Sri Budhram Singh, aged about sy wo | Kumar Singh igh, ag 46 years, Occupation Business, resident of Vill- Narayanpur 8 S of / P.O- Narayanpur, “ Bhojpur in the state of Bihar,Nationality Indian hereinafter called the Partner, which expressions shall unless repugnant to te = Narayanpur (Sahar) District- the context include his/her heirs, successors and assigns of the FIRST PART. AND (I) Smt. Kiran Devi wife of Sri Anil Kumar Singh, aged about / 44 years, Occupation House ‘Wife, resident of Vill- Vill- Narayanpur P.O.- Narayanpur, P.S.- Narayanpur (Sahar) District- Bhojpur in the™state of Bihar,Nationality Indian FAS Aw IPSAD 2B hereinafter called the Partner, which expressions shall unless repugnant to the context include his/her heirs, successors and assigns of the SECOND PART. WHEREAS, the first Party is carrying on the business as proprietary firm but now the first party intends to indust the second party to make it partnership business. AND WHEREAS the parties of these presents have agreed to continue and carry on the business of distribution of L.P.G. Gas in partnership under the name and style of M/S Sumit Indane Gramin Vitrak Narayanpur, Ps- Narayanpur(Sahar) Distt. Bhojpur (Bihar), La Tle AND WHEREAS now it has been thought fit and deemed . expedient to reduce into writing the terms and conditions mutually agreed: € upon between the parties of these presents to avoid any dispute in future.NOW THEREFORE THIS INDENTURE OF PARTNERSHIP WITNESSES AS UNDER:: ih That the partnership shall come into force on the date of approval. /e) That the business of partnership be at “WILL.” ‘That the business of partnership will continue to be carried on under the name and style of M/S Sumit Indane Gramin Vitrak Narayanpur, Ps- Narayanpur(Sahar) Distt. Bhojpur (Bihar), and/ofin such other names and/ or in such other place (s) as partners may from time determine with prior written approval of Indian Oil Corporation Limited. ‘That the business of partnership will continue to be carried on distribution of L.P.G Gas and appliances. That the new incoming partnership will share profit and loss as per their profit/loss sharing ratio and any change as such will be done with the written approval of the Indian Oil Corporation Limited. ‘That we shall at any times fully effectively indemnify and keep indemnified the Corporation it estates and effects from and against all losses,damages,clains,suits,legal proceeding and otherwise arising from or in connection with any loss or injury to person or property. ‘That the assets and liabilities of the old proprietorship firm as on date of approval have been taken over by this partnership firm, That Bank Account shall be opened in the name of partnership snk, which wills be operated by the partners or any other person’ ae U ee area (PSYauthorized by the partners in writing as may be mutually agreed “ upon time to time, A > That the capital required for the partnership business shall be ae contributed or arranged by the partners in such proportion and in & such manner as they amy mutually agree upon from time to time & the interest@12% per_annum-or at such other rate as may be & re ailx 3 a prescribed under the relevant provisions of Income Tax Act, 1961 from time to time payable to the partners on the amount standing to the credit of the Account of the partners. That we shall observe and abide by the laws and bye laws and act upon as per policy of the Corporation. ‘That the parties of the First and Second of this deed have agreed to e keep themselves actively engaged in conditrion the affairs of the business of the partnership firm as working partners. It is hereby agreed that in consideration of the parties working in the Partnership they shall be entitled for remuneration. That remuneration payable to the above worning partners shall be computed in the manner laid down U/S 40(B)(V) of the Income Tax Act, 1961 or any other applicable provisions as may be in force in he Income Tax Assessment of the Partnership firm for the relevant accounting year such amount shall be distributed between the said working partners in the following proportion. Name of Partners Remuneration Distribution Rate aay 1) Sri Anil Kumar Singh 50% \é 2) Smt. Kiran Devi 50% # Such remuneration shall be calculated at the close of the oR accounting year and shall be credited to the account of such7 working partners. The working partners shall be entitled to S 4 withdraw out for remuneration for their personal needs from time 2 to time. & The parties shall be entitled to incease or reduce the above gd remuneration & may agree to pay remuneration to other working Partner or partners ag the case may be th rties hereto may alsa are to revise the mode of calelatng the above said remuneration | as mayagreed to by and between thepartners from time to time.in \< 27 case of loss,no remuneration shal! be allowed to the said parties. That the account of the partnership business shall be closed on 31" March of each year or earlier in case of dissolution change in Constituation as the case may be when profit and loss account shall be prepared an balance sheet shall be drawn after adjustment of Profit and loss of the partnership in the proportion mentioned hereunder, a That the profit or loss of the partnership business be distributed or bome by partners hereto in th following propotion, Name of Patners Profit/Loss Sharing Ratio 1) Sri Anil Kumar Singh 50% 2) Smt. Kiran Devi 50% That notwithstanding, anything contained in the Indian Partnership Act it is hereby mutually agreed to by the between the partners that in case of death or-retirenment_of any one or more Partners, the firm shall not dissolved but shall continue to be carried on by on and between the remaining partners and legal heirs and. / representative of deceased partners, as continuing concern on the same term and conditions and incorporated in this deed and/orof Kiran Dev; it is hereby further clarified that it shall be deemed profivloss will beautomatically transferred in the name of this wife , as changeln construction and not succes That on retirement or death of any partner,neither the retiring E Partner nor the legal heirs of deceased partner shall have any ritht 6 or claim over the good will if any,of the partnership firm the retiring partner or legal hei or heirs of the deceased partner shall \ have right no the capital balance only standing on the credit of the retiring partner or deceased partner after adjustment of profit or loss as the case may be till the date of retirement or death of such partner. ‘That in case of any dispute amongst the partners arising out of the Q Partnership the matter shall be referred to arbitration under Indian Arbitration Act, 1932, and_such arbitra ‘or/arbitrators shall be appointed mutually agree upon whose decision shall be finally binding on all the partners, Notwithstanding anything contained herein it is hereby agreed & stated by us that any change in constitution of the partnership without approval if INDIAN-OIL- CORPORATION LIMITED and without obtaining such written prior consent no change shall be affected. That the running of partnership business will not be affect by the death or retirement of any partner according to tehconstitution of thepartnership ifrm and the remaining, party shall continue the business till further re-constitution of firm after obtaining prior 2G? LES7 Permission in writing from M/S Sumit Indane Gramin Vitrak B » Narayanpur, Ps- Narayanpur(Sahar) Distt. Bhojpur (Bihar), } vA Saraiya to the effect, | | | | 19. That no changes whatsoever regarding the constitution of fix sight | and liabilities the partners oftheir share of profits shall be given effect to without obtaining prior approval of M/S Sumit Indane 3 Gramin Vitrak Narayanpur, Ps- Narayanpur(Sahar) Distt. = Bhojpur (Bihar), in writing, E 20. Natwithstanding anything contained herein it is hereby agreed and © stated by us that any change in constitution of this partnership shall ~ be with prior approval of Indian Oil Corporation Limited and without obtaining such Written prior consent no changed shall be effected. In witnesses whereof the Partners abovenamed hereto have purt their respective signatures on these presents on the dsay, month and year first abdve written: wrnvesses aA BHT x. ‘au PALE 14S 305 ota. TRL fre Signature of the First Partner DATA STAT IAC \arS oie Signature of the Second Partner —_—— ve fs AW Sey (as 1 - QU of Fs. mS eBsticy” UAT SUCH Toei as per instruction ofthe Partners By GI s/itEndorsement of Certificate of Admissibility Admisaible under Rule 5 : duly Stamped ( or exempted from or does not require stamp duty ) under the Indian Stamp Act, 1899, Schedule I or I-A, No, '46'. Also admissible under section 26(a) of the B. T. Act. ‘Stamp duty paid-under Indian Stamp Act Rs. 11000/- | Amt.Paid By N.3 Stamp Paper Rs. 1000/- ‘Addl.Stamp duty paid under Municipal Act_Rs.__0/-_ | Amt.paid through Bank Challan Rs. 12250/- Registration Fee LUR + ProcFee Service Charge uR ° AL 1000 oO Hib) 0 Kia 0 Lit 0|| procree 0 on 8 oD 0 H2 0 0 Kib 0 Li © |) Total al Ag. © DD 1000 1 0 Kic 9 Mb ° Alo OF 031 0 K2_ 0 Na ° B 0 Hia om ov ° ToTAL- 2000 ‘Total amount paid (Reg. fee+LLR, Proc+Service Charge) in Rs. 2250 Registefing Officer Date: 19/05/2017 Jagblishpur ler section 52 Presented for registration at Registration Office, Jagdishpur on Friday, 19th May 2017 by Anil Kumar Singh Budhram Singh by profession Others. Status - Executant wfrer arc ire neater omer Signature/L-7.. of Présentant? Date:19/05/2017 SpSdishpur under sectioi Execution is admitted by those Executants and Identified by the person ( Identified by ‘Rakesh Kumar Singh’ age 45) Sex.'M’, 'Parashuram Singh’, resident of 'Narayanpur, Ps- Narayanpur, Dist- Bhojpur.’. ), whose Names, Photographs, Fingerprints and Signatures are affixed as such on back page / pages of the instrument. Registering/Officer Date: 19/05/2017 sment of Certificate istration unde! Registered at Registration Office Jagdishpur in Book 4 Volume No. 1 on pages on 17 -26, for the year 2017 and stored in€D volume No. CD-1 year 2017 .The document no. is printed on the Front Page of the document. Date: 19/05/2017 Token No.: 3137 Year: 2017 $.No.: 3006 SCORE Ver.4.1