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    Partnership Deed OF M/S Qualtex Cotton Industries

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    AbhayMenon
    This document outlines a partnership deed between 4 individuals - Ramu Vasudev, Ibrahim Muhammed, Ravi Nair, and Joseph Antony - establishing M/s Qwaltex Cotton Industries in Coimbatore, India. The deed specifies that the partnership will operate under the given name, begin on October 1st 2016 indefinitely, with Ibrahim and Ravi as working partners. Profits and losses will be divided 1:1:1:2 between the partners.

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    Partnership Deed OF M/S Qualtex Cotton Industries

    Uploaded by

    AbhayMenon
    50 views5 pages
    This document outlines a partnership deed between 4 individuals - Ramu Vasudev, Ibrahim Muhammed, Ravi Nair, and Joseph Antony - establishing M/s Qwaltex Cotton Industries in Coimbatore, India. The deed specifies that the partnership will operate under the given name, begin on October 1st 2016 indefinitely, with Ibrahim and Ravi as working partners. Profits and losses will be divided 1:1:1:2 between the partners.

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    Original Title

    Partnership Deed

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    This document outlines a partnership deed between 4 individuals - Ramu Vasudev, Ibrahim Muhammed, Ravi Nair, and Joseph Antony - establishing M/s Qwaltex Cotton Industries in Coimbatore, India. The deed specifies that the partnership will operate under the given name, begin on October 1st 2016 indefinitely, with Ibrahim and Ravi as working partners. Profits and losses will be divided 1:1:1:2 between the partners.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    50 views5 pages

    Partnership Deed OF M/S Qualtex Cotton Industries

    Uploaded by

    AbhayMenon
    This document outlines a partnership deed between 4 individuals - Ramu Vasudev, Ibrahim Muhammed, Ravi Nair, and Joseph Antony - establishing M/s Qwaltex Cotton Industries in Coimbatore, India. The deed specifies that the partnership will operate under the given name, begin on October 1st 2016 indefinitely, with Ibrahim and Ravi as working partners. Profits and losses will be divided 1:1:1:2 between the partners.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 5

    PARTNERSHIP DEED

    OF
    M/s QUALTEX COTTON INDUSTRIES

    This deed of partnership is made at


    Coimbatore on the first day of October
    ,2016 by and between the following
    parties.
    1) Shri Ramu Vasudev, S/o Shri Vasudev Sankar
    aged 46 years resident of Nila House, Rocky
    Colony Coimbatore, referred to as FIRST PARTY
    2) Shri Ibrahim Muhammed S/o Shri
    Muhammed, resident at Golden gate colony
    3) Shri Ravi Nair S/o Veera, aged 48 years,
    resident at Dongu Colony, Valayar
    4) Shri Joseph Antony, aged 52 years, Resident at
    rose villa, Palakkad
    And whereas the above reffered all the four
    parties have decided that inorder to avoid any
    difficulties and to have better understandings
    the parties here have agreed themselves to
    reduce in writing the terms and conditions of
    partnership afresh and thereby regulate and
    control the relationship between the parties,
    therefore, this deed of partnership witnesses as
    under:
    The partnership business shall be continual to
    be carried on under the name and styled as
    M/S Qwaltex cotton industries at RK Nagar,
    Coimbatore. However partners can also do the
    business in other name or names by their
    mutual consent.
    The deed of partnership is effective from the
    1st day of october 2016 and the duration of
    partnership at will.
    The seond and third parties shall be the
    working partners.
    It is further agreed between the partners that
    the Net profit or Loss shall be divided
    between the partners in the following
    proportions- 1:1:1:2
    That each partner shall be just and faithful to
    each others at all the times and shall keep
    others duly informed about the activities of
    the business.

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