Fiveaoneed Ndia India Non Judicial AR

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HRT INDIA

500 FIVEAONEED
RUPEES
DILIPKUMAR SINCH 2 9 APR 21
NOTAR TARAL
Gorakhpur 500 R

NDIA INDIANON JUDICIAL


D50

AR
377T UTTAR PRADESH (Dilip kumar singh AK 607625
H.Q.RT.O. (Gkp.)
Regd. Nu.-37(36)2000

DEED OPTARTNEKEAIP
rPrud
THIS DEED of Partnership is made at Gorakhpur on this 07th DayofJuly 2021.

By and between: MR. AMAN SINGH aged about 25 Year, Son of MR. TEJ BAHADUR SINGH
resident of RPSF Camp, Vil - Jangal Ramgadh Rajahi School Tola, Ramgadh URF Rajahi,
Gorgkhpur-273002, Uttar Pradesh, India, (Hereinafter to be called the "First Party") and

MRE PRATEEK TRIPATHI aged about 23 Year, Son of MR. UMESH KUMAR TRIPATHI
resident of House No 148-S, Rajeev Nagar Colony, Bargo, Gorakhpur-273016, Uttar
Pradesh, India, (Hereinafter to be called the "Second Party/Partner"); And

MR. PRINCE KUMAR YADAV aged about 27 years, Son of MR. RAM PRAKASH YADAV
resident of Rajgarh, Mahuja, Gorakhpur-273413, Uttar Pradesh, India,(Hereinafter to be
called the "Third Party/ Partner"

WHEREAS the parties to this deed want will carry on the Business of manufacturing To
manufacture, produce, process, make, develop, distribute, convert, import, export, trade, buy,
sell whether as retailers or wholesalers, suppliers, indenters, packers, repackers, preservers,
stockists, agents, subagents, merchants, consignors, jobbers, brokers, or otherwise deal
incense stick, Match Box, All Cosmetic Items, all General Merchant Items, all types of Bakery,
Spices, all other Business which can be Decided by the All partners of this Firms under the
Name& the style of " UPSS INDUSTRIES " and they are hereinafter called "the Partners" on

DMFRUMAREINGH
NOTAR Paatuk pat in
Gorakhpy/

21
sUsSada,o r JKTir
INDIA NON JUDICIAL"
Government of Uttar Pradesh

e-Stampp

Certificate No. IN-UPO0292218145357T


Certificate Issued Date 05-Jul-2021 05:00 PM
Account Reference NEWIMPACC (SV)/ up14290304/ GORAKHPUR SADAR/ UP-GRK
Unique Doc. Reference SUBIN-UPUP1429030488638083677804T
Purchased by UPSSCOMPANY PATHARA BARGO GORAKHPUR
Description of Document :Article 46 Patnership
Property Description Not Applicable
Consideration Price (Rs.)
First Party :UPSS COMPANY PATHARA BARGOGORAKHPUR
Second Party Not Applicable
Stamp Duty Paid By :UPSScOMPANY PATHARA BARGO GORAKHPUR
Stamp Duty Amount(Rs.) 50
(Fifty only)

-----Please write or type below this line...

on the terms and conditions incorporated in the Partnership Deed executed on 07th Day of
July 2021.

AND FURTHER WHEREAS the parties to this deed have been carrying on the above said
business & Profession in partnership on the terms and conditions orally and mutually agreed
amongst themselves as aforesaid;

hatak hipat
2

Statutory Alert:
1.The authentucity of tis Stamp certificate
should tand as available
anle ton the webslte/
con or using
Any discrepancy in the detais on this Cerificate Molbile e-Stampobile
Apo eN Mobile App of Stock
App of HoHIng
Stuck Hotng
ACCNan: RSIN
ACC

A
INDIA NON JUDICIAL

Government of Uttar Pradesh

e-Stampp

Certficate No. IN-UPO0293154884022T


Certificate lssued Date 05-Jul-2021 05:01 PM
Account Reference :NEWIMPACC (SV up14290304/ GORAKHPUR SADAR/ UP-GRK
Unique Doc. Reference : SUBIN-UPUP1429030488640075928609T
Purchased by :UPSSCOMPANYPATHARABARGO GORAKHPUR
Description of Document Article 46 Patnership
Property Description Not Applicable
Consideration Price (Rs.)
First Party UPSSCOMPANY PATHARA BARGO GORAKHPUR
Second Party :NotApplicable
Stamp Duty Paid By UPSSCOMPANY PATHARA BARGO GORAKHPUR

Stamp Duty Amount(Rs.) 50


Fifty only) At

Please write or type below this line.--

and conditions on which


AND NOW WHEREAS the parties to this deed desire that the terms
Profession in partnership and propose
they have been carrying on the above said business &
to continue in future be reduced to writing to avoid future difficulties or misunderstandingg.

NOW, THEREFORE THIS DEED


WITNESSETH as under, incorporating the aforesaid
amendment/ alteration in the terms and conditions of the partnership:

& Profession has been and shall continue to be carried on


1. That the partnership business
UPSS INDUSTRIES"
under the name and style of "

Statutory Alert:
. The authenticity of thie Stamp certificate should be vertieO a w w 5 t Sing estamp Moblle App of Stock Holding
MODHG APp renders it invalid.
discrepancy in the details on this Certificate
and as avaiable o1 7E
wEOS
Any
users of the ceriiticale.
2 The o u s of cihecKing the legitinacy ts on the
in case of any discrepancy pease ntorrm the Competent Authority.
3.
UJAGIR SINGH
ACC Name-RAM
Acc Code-UP14290304
COurt, Gorakhour
Adress-Civ
Acc
Liceice No0.-107 Mob.-991932613

Gorakhpur
Tensil & Dist.-Sadar,
Signature.
INDIA NON JUDICIAL

Government of Uttar Pradesh

e-Stamp
NO
Certiticate No. IN-UPO0294120136775T
Certificate Issued Date :05-Jul-2021 05:02 PM
Account Reference NEWIMPAcC (sV up14290304/ GORAKHPUR SADAR/ UP-GRK
Unique Doc. Reference SUBIN-UPUP1429030488642155604371T

Purchased by UPSSCOMPANY PATHARA BARGOGORAKHPUR


Description of Document Article 46 Patnership
Property Description Not Applicable
Consideration Price (Rs.)
First Party :UPSS COMPANY PATHARA BARGO GORAKHPUR
Second Party :NotApplicable
UPSSCOMPANY PATHARA BARGO GORAKHPUR
Stamp Duty Paid By
Stamp Duty Amount(Rs.) 50
(Fifty only

--Please write or type below this line---

2. That the partnership business & Profession has been and shall continue to be that of
handling with its principal place of business & Profession at Village: Pathara, Post
Bargo, Gorakhpur - 273016, Uttar Pradesh, India. The parties by mutual consent may
at such other place or places, in such other name or
carry on business & Profession
names and of such other nature or natures, as they may deem fit and proper from time
to time.

Putuk pokiu'
Statutory Alert
1. The authenticity of tizis Stamp certuficate should be verified at vwws s n g e-dtamp Mobije App Iof OGCK
Stock Hojding
Holding
weosite / Mobile App renders it invaliy
and as available oin the
The Ciscepancy
2 ny
in ne detais on this ertificate
onus of checking the legitimacy is on the users of the certificate.
3. In case of anry discrepancy please ntorm the Competeni Authornty.
ACC
Name-RAM90304
UJAGI
Acc Code-UP14290
Ac
NGH
Adress-Civil
Licence No.-107 Court,
Tehsil &Dist. Sadar, Goraknpur
Mob.-991932618
Signature.m *
Gorakhpur
INDIA NON JUDICIAL

Government of Uttar Pradesh

e-Stamp
O
Certificate No. IN-UPO0306889951447T
Certificate Issued Date :05-Jul-2021 05:10 PM
NEWIMPACC (SV)/ up14290304/ GORAKHPUR SADAR/ UP-GRK
Account Reference

Unique Doc. Reference SUBIN-UPUP1429030488668324 166024T


Purchased by UPSSCOMPANY PATHARA BARGO GORAKHPUR
Description of Document Article 46 Patnership
Property Description Not Applicable
Consideration Price (Rs.)
UPSSCOMPANY PATHARA BARGO GORAKHPUR
First Party
Second Party Not Applicable

Stamp Duty Paid By UPSSCOMPANY PATHARA BARGO GORAKHPUR


10
Stamp Duty Amount(Rs.)
(Ten only) 2

-.Please write or type below this line-.-.

3. That the amount lying to the credit of the partners shall be deemed as their capital
investment. Further capital, loans or deposits looking to the needs/requirements of the
partnership firm shall be arranged, invested or contrlbuted by the partners. The
partners may agree to increase the capital of the firm by bringing in additional
contribution in the proportlon of the shares held by them in the initial capital of the
firm. At the time of increase of the capital, the additional capital of the partner or
partners may be adjusted against the increased capital. Each of the Partners subject to
mutual consent shall be entitled to draw out of the Partnership a monthly annual or
otherwise any term a sum as agreed between the parties on account of his share of the

Phstiuk Jnipathi
Statutdfy Alert: (of thi Stamn ceniir ate shoudd he yerified at www shcilestanp con Or usng e-Stanp Mobile App of Stnck Hoiding
ACC Name-RAM UJAGIR SING
Acc Code-UP14290304
Acc Anress-Civ Court, Curahue
Licence vo.-107 Moo.-99193261
Tehsi& Cish. Sadar, Gotakhpi
Signalurs.
INDIA NON JUDICIAL

Government of Uttar Pradesh


e-Stamp

Certficate No. :IN-UPOO300925704376T


Certificate lIssued Date 05-Jul-2021 05:06 PM
Account Retference :NEWIMPACC (SV up14290304/ GORAKHPUR SADAR/ UP-GRK
Unique Doc. Reference :SUBIN-UPUP1429030488655798980076T
Purchased by :UPSS COMPANY PATHARA BARGO GORAKHPUR
Description of Document Article 46 Patnership
Property Description Not Applicable
Consideration Price (Rs.)
First Party
:UPSS cOMPANY PATHARA BARGO GORAKHPUR
Second Party Not Applicable
Stamp Duty Paid By UPSSCOMPANY PATHARA BARGO GORAKHPUR
Stamp Duty Amount(Rs.) 10
(Tenonly) T

-..Please write or type below this line-..

profits and reasonably related thereto. If any profit and loss account of the Partnership
shall show that in the period covered by the account any Partner drew pursuant to the
foregoing provisions hereof in excess of his share of the profits for that period such
Partner shall repay the excess forthwith and in default of such repayment be debarred
from further drawings until he shall have made good such over drawing.

4. That interest at the rate of 12% per annum or as may be prescribed under section
40(b)(iv) of the Income-tax Act, 1961 or any other applicable provisions as may be in
force in the income-tax assessment of the partnership firm for the relevant accounting

PAatauk htpatthi
Statutory Alert:
1.The sutihenticity of this Stamp certficate ohcould benee a s heestamo comrusing e Stamp Mobite App of Stock Holding
0E weoSIe / Mobile App renders it invalid.
Any discrepancy in the detals O"R C * a d e t
an n s
i.eT ot the certificate.
2 the
onus ol checking the
iegiimacy is on the
users
of any discrepancy please
intorm the Competeni Authority.
3. In case
ACC Name-RAM UJAGIR SINGH
Acc Cone-UD14290304
cc Adress-Civ Court Goravtpu
Licence No-107 Mob..991932618
ehsl&Dist. Sada, GoraKh
Signatiyre.
INDIA NON JUDICIAL

Government of Uttar Pradesh

e-Stamp

Certficate No. IN-UPOO300029639260T


Certificate Issued Date 05-Jul-2021 05:06 PM
Account Reference NEWIMPACC (SV)Y up14290304/ GORAKHPUR SADAR/ UP-GRK
Unique Doc. Reference sUBIN-UPUP1429030488653990175019T

Purchased by UPSSCOMPANY PATHARABARGO GORAKHPUR


Description of Document Article 46 Patnership
Property Description : Not Applicable
Consideration Price (Rs.)
First Party :UPSS COMPANY PATHARA BARGO GORAKHPUR
Second Party Not Applicable
Stamp Duty Paid By :UPSS COMPANY PATHARA BARGO GORAKHPUR
Stamp Duty Amount(Rs.) 10
(Ten only)

. . .Please write or type below this line

period or at a lower rate as may be agreed to by and between the parties from time to
time shall be paid to the partners or credited to the partners on the amount standing to
the credit of the account of the partners. Such interest shall be considered as an
expenditure of the firm and shall be debited to the Profit & Loss Account of the firm
before arriving at the divisible profit or loss. The interest to persons other than
partners shall be paid or credited to thelr accounts at the rate or rates as may be agreed
to by and between the partners and such persons from time to time.

Pratauk ipata
Statutory Alert:
certiCa DE veriled at www shcilestamp
orn the website/ Mobile An a p iobile App
of Stock Hoiding
. The authenticity of this Stamp
detaiS M
Ue as available
inthe
Any discrepancy is on
he
uses of theCertificate.
ihe onuS Of checking
thie legitinmacy Authority.
2 re toiperent
piease iniorri
3. In case of any discrepancy
INDIA NON JUDICIAL

Government of Uttar Pradesh

e-StampP
O
Certificate No. IN-UPOO298247041724T
Certificate Issued Date 05-Jul-2021 05:05 PM
SADAR/ UP-GRK
Account Reference NEWIMPACC (SV/ up14290304/ GORAKHPUR
SUBIN-UPUP1429030488650682194674T
Unique Doc. Reference
Purchasedby UPSS cOMPANY PATHARA BARGO GORAKHPUR
Description of Document Article 46 Patnership
Property Description Not Applicable
Consideration Price (Rs.)
First Party :UPSS COMPANY PATHARA BARGO GORAKHPUR
Second Party Not Applicable
PATHARA BARGO GORAKHPUR
Stamp Duty Paid By :UPSS COMPANY
Stamp Duty Amount(Rs.) :10

(Ten only) T4

....Please write or type below this line...

5. The Partnership shall commence on the 07th day of July 2021 and subject to the
provisions for retirement, expulsion and dissolution The admission of a new Partner to
the Partnership and the terms of such admission shall be evidenced by a deed
supplementary to this Deed, executed by the new Partner and by all of the other
Partners to the intent that the terms of this Deed shall after such admission, continue to
govern the Partnership, notwithstanding such admission, subject to any provisions to
the contrary in any suchsupplementaryDeed and introduce such amount of capital as
may be agreed by the existing partners. The New may be any Person Including Medical
Practitioner and other as may be mutually agreed by the Existing Partners. On the
8

Pitauk hipat
Statutonr Alert:
A t

INDIA NON JUDICIAL

Government of Uttar Pradesh


e-Stamp

Certficate No. IN-UPO0297207677445T


Certificate Issued Date :05-Jul-2021 05:04 PM
Account Reference NEWIMPACC (SVY up14290304/ GORAKHPUR SADARV UP-GRK
Unique Doc. Reference SUBIN-UPUP1429030488648937389573T
Purchased by :UPSS COMPANY PATHARA BARGOGORAKHPUR
Description of Document :Article 46 Patnership
Property Description Not Applicable
Consideration Price (Rs.)
First Party :UPSScOMPANY PATHARA BARGO GORAKHPUR
Second Paty :NotApplicable
Stamp Duty Paid By :UPSS cOMPANY PATHARA BARGO GORAKHPUR
Stamp Duty Amount(Rs.) 10
(Tenonly) 2

.....Please write or type below this line-


admission of a person to the Partnership the Partners shall allocate to him/her such
percentage share of profits as may be agreed by all the Partners for any Accounting
Period or part thereof and the aggregate percentage share of profits shall be revised
accordingly.
6. That MR. AMAN SINGH, MR. PRATEEK TRIPATHI and MR. PRINCE KUMAR YADAV
the parties of the all parts have agreed to keep themselves actively engaged in
conducting the affairs of the business & Profession of the partnership firm. The said
partners shall be working partners. It is hereby agreed to that in consideration of the
9

hstuk Inipati
ACC Name-RAM AGIR SINGH
Acc Core.yp1429O304
Acc AdreesCiv Crurt,
GuoG
LiCeice No.-107 Mob.-9919:2013
Tensil &0st-Sadar, GOr EKITDU
STnare..
INDIA NON JUDICIAL
Government of Uttar Pradesh

e-Stamp

Certficate No. :IN-UPOo295368983583T


Certificate Issued Date 05-Jul-2021 05:03 PM
Account Reference NEWIMPACC (SV/ up14290304/ GORAKHPUR SADAR/ UP-GRK
Unique Doc. Reference SUBIN-UPUP1429030488645152930279T
Purchased by UPSS COMPANY PATHARA BARGO GORAKHPUR
Description of Document Article 46 Patnership
Property Description Not Applicable
Consideration Price (Rs.)
First Party
:UPSSCOMPANY PATHARA BARGO GORAKHPUR
Second Party :NotApplicable
Stamp Duty Paid By UPSSCOMPANY PATHARA BARGO GORAKHPUR
Stamp Duty Amount(Rs.) 10
(Ten only)

--.Please write or type below thisline.

said parties keeping themselves actively engaged in the business & Profession of the
partnership firm and working as working partners, shall be entitled to remuneration.

The remuneration payable to the said working partners shall be computed in the
manner laid down or deduction under section 40(b){v), read with Explanation 3 of the
Income-tax Act, 1961 or any other applicable provision as may be in force in the
income-tax assessment of the partnership firm for the relevant accounting year. Such
amount of remuneration shall be distributed between the said working partners in the
following proportion:
10

PAstuk ipatu'
Statutory Alert:
1. The auihenticity of this Stamp certificate shoiid DeveEed awww sncilestamp com or using e-Stamp Mobiie App of Stock Hoiding

Any discrepancy in the


detais on t i S werCAe di 4vaOE 2 k Yebsite / Mabile Ápp renders it invalid
the legitimacy !s on the users of the certificate.
2 The onrus of checking
please iform1 thhe (ompetent Authority.
3. in case of any discrepancy
GR SICH

.Cece A -107
MOb.- 22U3
Snatur.
INDIA NON JUDICIAL

Government of Uttar Pradesh

e-Stamp

Certificate No. IN-UPO0296627982128T


Certificate lssued Date 05-Jul-2021 05:03 PM
Account Reference NEWIMPACc (svy up14290304/ GORAKHPUR SADAR/ UP-GRK
Unique Doc. Reference SUBIN-UPUP1429030488647299340953T
Purchased by :UPSS cOMPANY PATHARA BARGOGORAKHPUR
Description of Document Article 46 Patnership
Property Description Not Applicable
Consideration Price (Rs.)
First Party :UPSS cOMPANY PATHARA BARGO GORAKHPUR
Second Party :NotApplicable
Stamp Duty Paid By UPSSCOMPANY PATHARA BARGO GORAKHPUR
Stamp Duty Amount(Rs.) 10
(Tenonly)

.... Please write or type below this line...

MR. AMAN SINGH 35.00 per cent of such amount


MR. PRATEEK TRIPATHI 32.50 per cent of such amount
MR. PRINCE YADAV 32.50 per cent of such amount

The partners shall be entitled to increase or reduce the above remuneration and may
agree to pay remuneration to other working partner or partners as the case may be.
The partners may also agree to revise the mode of calculating the above said
remuneration as may be agreed to by and between the partners from time to time.

11

PAatuk Iripathi' anne

Statttory Alert:
L henticitv of tiis Stamp certficate s/hould be verified at 'www shcilestamp com or using e-Stanp Mobile App of Stack Holdin
INDIA NON JUDICIAL AYY

Government of Uttar Pradesh

e-Stamp
O
Certficate No. IN-UPOO299236905589T
Certificate Issued Date :05-Jul-2021 05:05 PM
Account Reference NEWIMPACC (SV up14290304/ GORAKHPUR SADAR/ UP-GRK

Unique Doc. Reference :SUBIN-UPUP1429030488652577083090T


Purchased by UPSSCOMPANY PATHARA BARGO GORAKHPUR
Description of Document :Article 46 PatnershipP
Property Description Not Applicable
Consideration Price (Rs.)
First Party UPSSCOMPANY PATHARA BARGO GORAKHPUR
Second Party :NotApplicable
Stamp Duty Paid By UPSSCOMPANY PATHARA BARGO GORAKHPUR
Stamp Duty Amount(Rs.) 10
(Tenonly)

-..Please write or type below this line.-.-.

each other and shall not do or cause


7. That the parties.hereto shall be true and faithful to
to be done anything which may be
detrimental to the interest of the firm.

cause to be kept proper books of account and documents


8. That the parties shall keep or
all receipts, payments and other matters as is usually
and shall make entries therein of
books of account kept by persons engaged in business &
done and entered in the
the firm. Each partner shall have a right to have acess to
Profession similar to that of
of the same.
and to inspect and take copy
12

hstuk hipatu
Statutory Alert: of Stock Holding
certificae srouc DE Cestamp co or using e-Stamp Mobile App
1. The authenticity
of this Stamp
details an thisg Leruicae
and
as avadoe
e wEcSE 7 IMODiIle App renders it invalid.
the
Any discrepancy in
of
the certuficate.
the legit1mmacy is on the users
2 The (onus of checking nfornm the Competent Authority.
Un sane of arry discrepancy please
AGCa r f - n
Acc.

Stynutyt
INDIA NON JUDICIAL
Government of Uttar Pradesh

e-Stamp

Certlicate No. IN-UPO0301751828471T


Certificate Issued Date 05-Jul-2021 05:07 PM
Account Reference NEWIMPACc (svy up14290304/ GORAKHPUR SADAR/ UP-GRK
Unique Doc. Reference SUBIN-UPUP1429030488658053198736T
Purchased by UPSSCOMPANY PATHARA BARGO GORAKHPUR
Description of Document Article 46 Patnership
Property Description Not Applicable
Consideration Price (Rs.)
First Party :UPSS COMPANY PATHARA BARGO GORAKHPUR
Second Party Not Applicable
Stamp Duty Paid By UPSSCOMPANY PATHARA BARGoGORAKHPUR
Stamp Duty Amount(Rs.) 10
Ten only)

...Please write or type below this line..-.

9. That the partnership has been and shall be a partnership at will.


10. That the net profit of the partnership firm after deduction of all expenses including
rent, salaries, other establishment expenses, interest and remuneration payable to the
partners in accordance with this deed of partnership or any supplementary deed as
may be executed by the partners from time, to time, shall be divided and distributed
amongst the partners in the following proportion:

13

Pratuk ipati
Statutory Alert:
1. The authenticity of tihis Stamp certificate alhoild e and
veec esta c o rusing TendersnalPp
eStamp Mobile App of
or Stock Hoiding
3ioCK HoIding

Any discIepancy in ihe


deiails oi thisS eruicate as Avalable cn App
the website / Mobile
2 The onus of checking the legitiniacy 1s onn fhe tisers of tie cenlHcate.
3. In case of any discrepancy piease uiforn tfhe ompetent Authority.
ACG Fn

INDIA NON JUDICIAL

Government of Uttar Pradesh

e-Stampp

Certificate No. IN-UPOO302545014292T


Certificate Issued Date 05-Jul-2021 05:08 PM
Account Reference NEWIMPACC (SV) up14290304/ GORAKHPUR SADAR/ UP-GRK
Unique Doc. Reference SUBIN-UPUP1429030488659928183048T
Purchased by UPSSCOMPANY PATHARA BARGO GORAKHPUR
Description of Document :Article 46 Patnership
Property Description Not Applicable
Consideration Price (Rs.)
First Party :UPSS COMPANY PATHARA BARGO GORAKHPUR
Second Party Not Applicable
Stamp Duty Paid By :UPSS COMPANY PATHARA BARGO GORAKHPUR
Stamp Duty Amount(Rs.) 10
(Ten only)

.-Please write or type below this line..

Sr. No. Name of Party Share in profits

1. MR. AMAN SINGH 35.00 %


2 MR. PRATEEK TRIPATHI 32.50 %
3 MR. PRINCE KUMAR YADAV 32.50 %

The losses, if any, including loss of capital suffered in any year shall also be
apportioned in the above said proportion. Partners may vary the percentage share
of profits in the Partnership from time to time by resolution of
the Partners such
14

Phatuk hipati'
Statutory Alert:
1. The autihenticity of this Stamp certificate shoid de yered a w W Shciestarnp com or using e-Stan1p Mobile App of Stock Hoiding
Any discrepaneyinthe detaisontfhis erticaie and asavaiabieon the website / Mobile App renders t invalid
2 The onus of checking the legitimacy Is on the users ol tihe certificat.
3. I Case of ary discrepancy piease intorm the (Competent Authority.
resolution to be confirmed by all the Partners in writing together with the
percentage shares of profits held by each Partner

11. That the bank account or accounts have been and shall be maintained in the name of
the firm and shall be operated singly or jointly by the partners as may be agreed to by
and between the partners from time to time.

12. That the books of account shall be closed on 31st day of March each year. The net
profit or loss after deducting all expenses, interest, remuneration, outgoings shall be
divided between the parties in proportion to the sharing ratio referred to hereinabove.

13. Upon mutual understanding, each Partner or his duly authorised agent shall have
free access to the account books of the Partnership and shall be entitled to take copies
or extracts from any or all such books and records of the Partnership Business &
Profession.

14 That any Partner may retire from Partnership after giving a noticeto the other
Partner (s) of not less than two month in writing and at theexpiry of such notice
period he shall be deemed to have retired. On or after the Day of this agreement,
either of the parties hereto shall have the right to retire from the Partnership upon
giving to the other not less than two months notice in writing of intention so to
retire, upon such retirement the remaining partner shall have the option to
purchase the interest of the retiring partner as herein contained The Dues of
Retiring partner shall be paid as may be mutually agreed by the Existing partners.
In case of Disputed amount is subject to Applicable Jurisdiction.

15. That no Partner shall have the right to sel, mortgage or transfer his share of
interest in the FIRM to anyone else except to his heir or heirs or any one of the
existing Partners or to their heir (s). In the event of heir (s) seling his/her share to
any one else, the existing Partners shall have a right or pre-emotion in respect of
such share (s) sold.

16. That no Partner shall do any act or thing whereby FIRM or the FIRM property
may be prejudicially effected.

17. That notwithstanding anything contained in the Indian Partnership Act it is hereby
mutually agreed to by and between the parties that in case of death of any one or more
partners, the firm shall not be dissolved but shall continue to be carried on by and
between the surviving partners and legal heirs and/or representatives of the deceased
partner, as a continuing concern, on the same terms and conditions as incorporated in
this Deed or on such terms and conditions as may be agreed to by and between themn
from time to time. It is hereby further clarified that it shall be deemed as change in
constitution and not succession.

18. All fees and all monies paid or given to either Partner respectively for Business and
Professional services and the emoluments (whether by fee, salary or otherwise) of
every professional office or appointment now or hereafter held by the Partners or
either of them respectively, shall be Partnership property; but legacies (whether

Pratuck hipati
pecuniary or otherwise) and gifts of specific chattels (valued at not more than 10, 000
in any particular instance) shall be retained by and shall be the separate property of the
Partner to whom the same shall have been given or bequeathed. The Partners at Mutual
Consent may Carry Own Medical Practice but not under the name and Style of Firm or
as agreed by the existing partners. No Partner shall take up any other gainful
appointment or position or carry out any professlonal or other duties (save for the
benefit of the Partnership and on the basls that all fees and emoluments monies or
rewards arising thereby shall belong to the Partnership) without the consent of the
other Partner. All expenses, outgoings, debts, losses or liabilties which shall be
incurred, in carrying on the practice shall (except as otherwise herein provided) be
borne and paid for out of the funds of the Partnership and in the case of a deficiency
thereof, by the Partners in the proportions to which they for the time being are
respectively entitled of the net profits of the Partnership.

19. Each partner shall-

i. Be just and faithful to other partners in the transactions relating to partnership


business & Profession;
ii. Pay his separate debts and indemnify the other partners and assets
of the firm
against the same and all other proceedings, costs, claims or demands in respect
thereof;
ii. Give full information and truthful explanations of all matters relating to the affairs
of the partnership to ail the partners at all times

20. No partner shall without the consent of the other partners shall-

i. Not carry any activity, contract, agreement arrangement or otherwise which


directly or indirectly adversely effects the business & Profession of the firm in term
ofprofit, margin, competition, technique, know-how, patent, copy right,trade mark,
franchisee and other similar point of adverse affects.
ii. Lend money or give credit of the goods of the firm to whom the other partners have
previously forbidden him to trust.
ii. Mortgage, charge or assign his share in the assets or profits of the firm.
iv. Draw, accept or indorse any bill of exchange or promissory note on account of the
firm.
v. Engage, remove or dismiss any apprentice, employee or agent of the firm.
vi. Give any security or promise for the payment of money on account of the firm
except in the ordinary course of business & Profession.
vii. Give bail, bond or guarantee or become surety for any person or do or knowingly
suffer any thing to be done where the partnership property may be endangered.
viii. Buy, order or contract any property or goods for the firm exceeding Rs
15,000/
ix. Sign any cheque on behalf of the firm to, a sum exceeding Rs. 10,000/
x. Compromise or compound or, release or, discharge any debt due to the partnership.

21.
21. That with respect to any matter connected with the affairs of the firm, which is not
specifically provided for herein, the partners may make such agreements therefor and

Phatuk bhipatii
may set in such manner with regard thereto as may be agreed upon by and between
themselves.
admit any other
22. That if thepartners deem proper and in their interest, they may
conditions as may be mutually agreed
person or persons as partners on the terms and
amongst themselves.

That the Partners shall keep or cause to be kept the books of account
of the FIRM at
23.
and that
the principal places of its business & Profession and make all entries therein,
all such books of account kept shall be closed on 31st March every year or in the
case of

decide.
any necessity on any other date as the Partners may mutually
All transactions of the firm shall be done in the name of the partnership and all
24.
goods shall be purchased or sold in the firm name. All the bills, vouchers, delivery notes,
receipts, etc. shall be issued in the name of the firm.

25. Upon the determination of the partnership, each partner shall have the option to
purchase the goodwill of the partnership on a price as agreed to by the partners, and if
no partner exercises the option to purchase the goodwill, the same shall be sold to a
willing purchaser,PROVIDED THAT it upon any such determination as aforesaid of the
partnership, the business & Profession thereof shall be sold as a going concern, the
goodwill shall be sold along with the business & Profession. No partner (unless he is the
purchaser of such business &Profession ) shall directly or indirectly carry on orbe
concerned or interested in a similar business & Profession in his own name in the
locality of the firm within a period of 2 years from the completion of sale of goodwil.
The value of the goodwill shall be considered as an asset of the firm and will be added
to and form part of the sum payable to all the partners on the dissolution of the
partnership.
26 That the partners to this deed are partners in their individual capacity. The parties
do not represent any other person.

27. That the pattners can open the bank account of the firm, in any bank and bank
account shall be operated by the partners jointly by the partners

28. That the partners shall not take any loan from any person/Financing Company,
bank or any other Govt./Pvt. Department in any case, without the written consent of
each other..

29. All bonds, bills, notes, bills of exchange, hundies or promissory notes or other
securities given on behalf of the partnership (except cheques) shall be signed, endorsed,
accepted or executed jointly by all the partners and any bond, bill, note, bill of exchange,
etc. to which any partner may be a party contrary to this provision shall be deemed to
have been on the personal account of such partner and he shall pay and discharge the
same out of his own moneys and indemnify other partners and the firm against
payment thereof and against all actions, proceedings, costs, charges, expenses, claims
and demands in respect thereof.

Paatisk ipatai
V
30. That the partners shall be entitled to modify the above terms relating to
remuneration, interest, etc. payable to partners by executing a supplementary deed and
Such deed when executed shall have effect unless otherwise provided from the first day
of accounting period in which such supplementary deed is executed and the same shall
form part of this deed of partnershlp.

31. That all disputes and questions in course and connection with the partnership or
this deed arising between the partners or between any one of them or their legal
representatives and whether during or after the partnership, shall be referred to the
arbitrator in accordance with the provisions of the Arbitration and Conciliation Act,
1996 then in force.

32. The rights of a Partner will not be prejudiced or restricted by any indulgence or
forbearance extended to another Partner or Partners, and no waiver by a Partner in
respect of any breach will operate as a waiver in respect of any subsequent breach. No
failure or delay by a Partner in exercising any right or remedy will operate as a waiver
thereof, nor will any single or partial exercise or waiver of any right
prejudice its further exercise or the exercise of any other right or remedy.

33 That in the case of any dispute arising out of this DEED between the Parties of this
DEED, it shall be decided by Arbitration as provided for under the Indian Arbitration
Act. All disputes and differences whatsoever which shall arise between the partners or
between the partners and the personal representatives of the deceased partner relating
to any matter whatsoever touching the affairs of the partnership or the interpretation
of this agreement and whether before or after the determination of the partnership
shall be referred to a single arbitrator, if the parties agree upon one, otherwise to three
arbitrators one to be appointed by each party to the difference in accordance with and
subject to the provisions of the Arbitration and Conciliation Act, 1996 or any statutory
modification or re-enactment thereof for the time being in force.

IN WITNESS WHEREOF the parties to this deed have set their hands on the day and year first
above written and in the presence of:

First Party/Partner Second Party/Partner Third Party/Partner

Batuk. ipathe
(MR. AMAN SINGH) (MR. PRATEEK TRIPATHI) (MR. PRINCE KUMAR YADAV)

WITNESSES;

1.

2
1

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