PARTNERSHIP DEED

THIS PARTNERSHIP DEED IS MADE AND EXECUTED AT ON 15/07/2024 BETWEEN:

FIRST PARTNER : Bindu devi

SECOND PARTNER :Mansi Dongre

Whereas the parties to this deed intend to carry on the business of Dairy farming, whereas
all the partners have mutually agreed to carry on business in partnership on the following
terms and conditions of this partnership deed: -

1. That the name and style of the said partnership business/firm is Vihaan dairy.

2. The business of the Partnership shall be engaged in the business of Dairy farming.

3. The Partnership shall have its registered office at 23k Motilal basak lane kolkata
700054 and/or at such other places or places, as shall be agreed by the majority of the
partners from time to time.

4. That the partnership commenced from 16/07/2024 and will be at the will of the partners.

5. The Capital of Partnership shall be ₹500000 which shall be contributed by the partners in
the following proportions:

FIRST PARTNER : ₹250000

SECOND PARTNER : ₹250000

6. That the parties here to shall contribute such sums of the money towards the capital of the
partnership as may be mutually agreed upon by and between the partners from time to time.

7. All the Partners of the Partnership are entitled to share profit and losses in the ratio of their
respective capital in the Partnership.

8. That the shares of the partners in the said partnership business shall be as per details
below: -

FIRST PARTNER : 50%

SECOND PARTNER : 50%

9. That the bank account shall be operated By Single Partner NA.

10. Admission of New Partner

1. No Person may be introduced as a new partner without the consent of all the existing
partners. Such incoming partner shall give his prior consent to act as Partner of the
Partnership.
2. The capital of the partner may be tangible, intangible, Moveable or immoveable
property.
3. The Profit-sharing ratio of the incoming partner will be in proportion to his capital
towards Partnership.

Rights of Partner

11. All the partners hereto shall have the rights, title and interest in all the assets and
properties in the said Partnership in the proportion of their capital.

12. Every partner has a right to have access to and to inspect and copy any books of the
Partnership.

13. Each of the parties hereto shall be entitled to carry on their own, separate and
independent business as hitherto they might be doing or they may hereafter do as they
deem fit and proper and other partners and the Partnership shall have no objection thereto
provided that the said partner has intimated the said fact to the Partnership before the start
of the independent business and moreover he shall not uses the name of the Partnership to
carry on the said business.

14. 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 them from time to time. It is
hereby further clarified that it shall be deemed as change in constitution and not succession.

15. 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.

Duties of Partner

16. That First & Second Party shall actively engage in conducting the affairs of the business
of the partnership firm. The said partners shall be working partners. It is hereby agreed to
that in consideration of the said parties keeping themselves actively engaged in the business
of the partnership firm and working as working partners, shall be entitled to remuneration.

17. 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.

18. Every partner shall account to the Partnership for any benefit derived by him without the
consent of the Partnership from any transaction concerning the Partnership, or from any use
by him of the property, name or any business connection of the Partnership.

19. Every partner shall indemnify the Partnership and the other existing partner for any loss
caused to it by his fraud in the conduct of the business of the Partnership.

20. Each partner shall render true accounts and full information of all things affecting the
Partnership to any partner or his legal representatives.

21. In case any of the Partners of the Partnership desires to transfer or assign his interest or
shares in the Partnership he has to offer the same to the remaining partners by giving 15
days notice. In the absence of any communication by the remaining partners the concerned
partner can transfer or assign his share in the market.

22. No partner shall without the written consent of the other Partners :-

1. Employ any money, goods or effects of the Partnership or pledge the credit thereof
except in the ordinary course of business and upon the account or for the benefit of the
Partnership.
2. Lend money or give credit on behalf of the Partnership or to have any dealings with any
persons, company or firm whom the other partner previously in writing have forbidden
it to trust or deal with. Any loss incurred through any breach of provisions shall be made
good with the Partnership by the partner incurring the same.
3. Assign, mortgage or charge his or her share" in the Partnership or any asset or property
 thereof or make any other person a partner therein.
4. Compromise or compound or (except upon payment in full) release or discharge any
debt due to the Partnership except upon the written consent given by the other partner.

23. Each partner shall--

1. The partner in fact has no authority to act for the Partnership in doing a particular act;
and
2. The person knows that he has no authority or does not know or believe him to be a
partner of the Partnership.

Extent of Liability of Partnership

24. Partnership is not bound by anything done by a partner in dealing with a person if —

1. The partner in fact has no authority to act for the Partnership in doing a particular act;
and
2. The person knows that he has no authority or does not know or believe him to be a
partner of the Partnership.

Miscellaneous Provisions

25. The partnership can be wounded up with the consent of all the partners.

26. The Partnership shall indemnify each partner in respect of payments made and personal
liabilities incurred by him —

1. In the ordinary and proper conduct of the business of the Partnership; or

2. In or about anything necessarily done for the preservation of the business or property of
the Partnership.

27. The books of accounts of the firm shall be kept at the registered office of the Partnership
for the reference of all the partners.

28. The accounting year of the Partnership shall be from 1st April of the year to 31st March of
the subsequent year. The first accounting year shall be from the date of commencement of
this Partnership till 31st March 2025.

29. It is expressly agreed that the bank account of the partnership shall be operated jointly.
30. That upon the dissolution of the Partnership in any event not hereinafter provided for the
said business, the assets, goodwill and liabilities thereof should absolutely vest on any one
partner mutually decided by the parties to the partnership.

31. 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
Partnership.

32. All disputes between the partners or between the Partner and the partnership arising out
of the Partnership Deed which cannot be resolved in terms of this deed shall be referred for
arbitration as per the provisions of the Arbitration and Conciliation Act, 1996 (26 of 1996).

IN WITNESSES WHERE OF ALL THE PARTNERS HAS SIGNED THIS PARTNERSHIP DEED IN
PRESENCE OF THE FOLLOWING WITNESSES.

WITNESSES:-

FIRST PARTNER

SECOND PARTNER