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Starting a business with a partner? Then, one of the first documents you need to draft is a Partnership Deed. It is more than just a piece of paper—it's the legal backbone of your business arrangement.

Whether you need a partnership deed format in Word, a sample PDF, or a partnership deed format in Hindi, this guide will help you understand everything from clauses to downloads. “


What Is a Partnership Deed?

A Partnership Deed, also called a Deed of Partnership, is a legally binding agreement between two or more individuals who agree to run a business together. It outlines the rights, responsibilities, profit-sharing ratios, duties, & terms agreed upon by all partners.

Think of it as the Constitution of your partnership firm. “


Why Is a Partnership Deed Necessary?

A registered partnership without a deed is a disaster waiting to happen. Here’s why the deed matters:

  • It prevents disputes by clearly defining roles & financial contributions.
  • It outlines procedures in case of death, retirement, or dissolution.
  • It is required for bank account opening & GST registration.
  • Courts consider the partnership deed as a key legal document during conflict resolution.

In short, it’s protection & clarity for all partners involved.


What Should Be Included in a Partnership Deed Format?

Whether you are downloading a partnership deed format PDF or editing a partnership deed format Word file, the essential clauses are as follows:

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DEED OF PARTNERSHIP

This deed of partnership is made on this [Date, Month, Year], between the following individuals:

  1. Mr./Ms. ________, residing at ________ (hereinafter called the First Partner)
  2. Mr./Ms. ________, residing at ________ (hereinafter called the Second Partner)

The Partnership shall commence on the ______ day of ______, __

Key Clauses:

- Name and nature of the business

- Duration of partnership

- Capital contribution by each partner

- Profit & loss sharing ratio

- Management responsibilities

- Banking arrangements

- Admission/retirement of partners

- Dispute resolution

- Audit & accounting standards

IN WITNESS WHEREOF, the parties have signed this deed on the date first above written.

You can use this as a simple partnership deed format, whether you're drafting it for two partners or a partnership deed format for 3 partners.


Download Options: Word, PDF, Regional Languages

The internet is full of ready-to-use deed formats. Depending on your needs, here are some downloadable resources:

Partnership Deed Format in Word

Best if you want to customise the clauses before printing. Just open it in MS Word & make changes as needed.

Partnership Deed Format PDF

If you’re looking for a standard non-editable version, go for the PDF format. Many government & legal websites offer partnership deed format PDF download options.

Partnership Deed Format in Hindi

If you're drafting a partnership deed format in Hindi, especially for use in local regions or Hindi-speaking states, you can find bilingual formats online.

Partnership Deed Format in English / Tamil / Marathi / Maharashtra

Many websites also offer partnership deed format in Tamil PDF, Marathi, & specific versions for regional compliance, like the partnership deed format for Maharashtra.


Partnership Deed Between Two Persons vs. Three or More

There’s a difference in tone & clause structure when you're drafting a:

  • Partnership deed format between two persons: Often simpler, with straightforward profit sharing
  • Partnership deed format for 3 partners: May require additional clauses for voting rights & contribution ratios

Either way, ensure all partners sign the deed, preferably before a notary public.


Registration of Partnership Deed

While an unregistered deed is legally valid between the partners, it:

  • Cannot be used to sue a third party
  • Limits legal remedies for disputes

So, always get your partnership deed registered with the Registrar of Firms in your respective state.


Real-Life Example

Let’s say Raj & Neha start a bakery together. They download a partnership deed format sample PDF, edit it to suit their business, sign it, & submit it for registration in Delhi. This protects both their interests, outlines who does what, & saves them legal headaches later.


Where to Download?

You can easily find partnership deed formats here:

  • Government registrar websites
  • Legal document sites like Vakilsearch, IndiaFilings, LegalRaasta
  • CA & legal firm blogs

Just search for:

  • partnership deed format sample PDF
  • partnership deed format in Word
  • Simple Partnership Deed Format Download
  • partnership deed format for 3 partners

Final Thoughts

If you’re forming a partnership, don’t delay drafting your Partnership Deed. It's your business's legal foundation.

Let’s summarise:

  • A Partnership Deed is an essential legal document for any partnership firm
  • Includes key clauses like capital, profit sharing, responsibilities, etc.
  • You can find the partnership deed format in Word, PDF, English, Hindi, & more
  • Customizable for 2 partners, 3 partners, or more
  • Get it registered for maximum legal protection

👉 Need help drafting or customising your partnership deed format?
Visit www.callmyca.com for legal templates, expert assistance, & easy registration services.