Procedure for Changes/ Amendments in Constitution of

Registered Partnership Firm

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CS Mohit Saluja

The law relating to a partnership firm is contained in the
Indian Partnership Act, 1932.Under Section 58 of the Act, a firm may be registered at any time
(not merely at the time of its formation but subsequently also) by filing an application with the
Registrar of Firms of the area in which any place of business of the firm is situated or proposed
to be situated.
Under Section 59 of the Act, when the Registrar of Firms is satisfied that the provisions of
section 58 have been duly complied with, he shall record an entry of the statement in the Register
of Firms and issue a Certificate of Registration.
But During the course of the business, some situation may arise like:
1. The Place of business may change
2. The Partners may decide to change the name of the Firm
3. There may be admission of new partners in the Firm
4. The old partners may resign or leave from the Firm
5. There may be change in the name and permanent address of the partners
6. The minor Partner entered at time of constitution of firm may get the majority etc.
So, in all above such cases, the Partners are bound to inform the Registrar of Firms about such
changes in the Partnership Firm. Consequent to which they are to draft a new Partnership Deed

6. S. when a minor who has been admitted to the benefits of partnership in a firm attains majority and elects to become or not to become a partner. Fill Form in Capital Letters in Form No.P. Form No. The following forms as prescribed under I. specifying the date thereof. 5. any of the new. Form No. Form No. V For change of constitution of forms & addition or retirement of partner. IV For change of name of the partners & permanent address of the partners. No. 4. while when a registered firm is dissolved. Purpose For change of principle place of business & change in the name of the firm.as per the changes and to file again the application along with required documents to the Registrar of Firms with the applicable fees. 1. Pay the Challan Fees with the respective Bank 4. VII For minor partner attains the age of majority. Form No. may give notice of such a change to the Registrar. II Procedure for Changes in the Constitution of the Firm: 1. may give notice to the Registrar that he has or has not become a partner.VI For dissolution of the firm Form No. Submit the application with the concerned Registrar of Firms of the State along with following Documents: . III For change of the other then principle place of business. (As given above as per the requirement) 3. 3. Act 1932 accepted for various amendment in original Form-A and Form-C. Form No. any person who was a partner immediately before the dissolution or the agent of any such partner or person specially authorized on his behalf. continuing or the outgoing partner. Form No. he or his agent specially authorized in this behalf. Who will inform the Registrar of Firms about such changes in the Constitution of the Firm Change in the constitution of the firm and its dissolution [Section 63(1)] When change occurs in the constitution of the firm. Under Section 63(2). 2. Draft a new Partnership Deed as per the changes in the constitution of the Firm 2.

—————————– . (iii) ID Proofs of all the partners. Gudegted Officer or any Professional like CA/CS/CWA. Gudegted Officer or any Professional like CA/CS/CWA. 1000 applicable In Punjab as per the State Stamp Act) duly attested by the Notary of concerned town where the Registered Office of the Firm is situated.(i) Xerox copy of Old Partnership Deed (Drafted at time of Constitution of Firm). 1000 (Stamp Paper of Rs. if place of business has been changed (vii) The Xerox copies of Certificate A and C. duly attested by Notary. issued at time of constitution of the Firm. if (v) Bank. he shall record an entry of the statement in the Register of Firms and issue a Certificate A and Certificate D stating the Changes in the Partnership Firm. After the application is submitted with the Registrar of Firms. on a Stamp Paper of Rs. the Registrar will look after the application and when the Registrar of Firms is satisfied that the application is complete in all respects and the applicant have duly complied all the provisions of the act. along with the new admitted partners. Copy of Receipt Challan (Form PTR 16 Rule 107 of PTR Volume 1) deposited in the (vi) Ownership proof of the new place of business. Passport size photographs of all the partners along with the new admitted partners. (iv) any. (ii) Xerox copy of New Partnership Deed (Drafted at time of Changes in the Constitution of Firm). duly attested by Notary. if any. duly attested by the Notary of concerned town where the Registered Office of the Firm is situated.