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Deed of Dissolution of Partnership
Deed of Dissolution of Partnership
AND WHEREAS the said business has been suffering losses for the
last seven years.
AND WHEREAS the party of the third part has withdrawn from the said
business with effect from .......... day of …………………..20………………..
AND WHEREAS the parties hereto have filed the requisite notice with
the Registrar of firms notifying the dissolution of the partnership.
5. That each of the parties hereto shall sign, execute and do all such
further deeds and documents, acts and things as the other parties may
reasonably require for completely effectuating this agreement and each
party shall pay his own costs in connection therewith.
6. That C shall not for a period of years from the date hereof, carry
on or be engaged either directly or indirectly or as employee or
director of any company, any business similar to that of the dissolved
partnership within a radius of ................ miles from the place
of business.
In witness whereof the parties to this Deed have hereunto put their
respective hands on the day, month and year first above written in the
following of the witnesses :
1. witness A……………………………….
2. witness B……………………………….
C……………………………….