SUPPLEMENTARY LLP AGREEMENT OF

ABY…….. LLP
THIS SUPPLEMENTARY AGREEMENT OF LIMITED LIABILITY
PARTNERSHIP (“Supplementary LLP Agreement”) is made at Jaipur on this
18th day of May, 2021:
BY AND BETWEEN:
(1) Mr. A SHARMA S/o B SHARMA , Aged 25 Years, R/o 1
…………………………………………………………………… JAIPUR, RAJASTHAN-
302012 (which expression shall, unless it be repugnant to the context
or meaning thereof, be deemed to mean and include his heirs,
executors and administrators) of the party of the First Part
(2) Mr. C SHARMA S/o D SHARMA , Aged 25 Years, R/o
1……………………………………………….. JAIPUR, Rajasthan-302029
India (which expression shall, unless it be repugnant to the context or

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 meaning thereof, be deemed to mean and include his heirs, executors
and administrators) of the party of the Second Part
(3) Mr. E SHARMA S/o. F SHARMA , Aged 26 Years, R/o
1……………………………………………………………..JAIPUR Rajasthan India
302029 (which expression shall, unless it be repugnant to the context
or meaning thereof, be deemed to mean and include his heirs,
executors and administrators) of the party of the Third Part

(Here-in-after collectively referred to as partners and individually as partner)

“PARTNER” means any person that becomes a partner and includes
Designated Partner or vice versa.

WHEREAS:
The First Party and Second Party are carrying on the business as
SOFTWARE DEVELOPMENT WEBSITE DEVELOPMENTS APP
DEVELOPMENTS NETWORKING ACTIVITIES COMPUTER AND
COMPUTER RELETED ACTIVITIES business under the name and style of
ABY……………………………………… LLP (hereinafter referred to as “the
LLP”) vide LLP Identification Number: . AAL-0000, having its registered office
at 1………………………………………………, JAIPUR, Rajasthan-302033

(a) in terms of the Limited Liability Partnership Agreement, Dated 01.01.2018

under the provisions of Limited Liability Partnership Act, 2008.
(b) The Third party has expressed his desire to join the LLP.

(c) The Second Party has given notice in writing to the LLP of her desire to
retire from the said LLP after execution of this Supplementary LLP
Agreement.
(d) The Partners have discussed and mutually agreed for the admission of the
Third party as Designated Partner/Partner in the LLP and retirement of
Second Party as Designated Partners/Partners from the LLP as per the
terms and conditions stated herein below:

NOW THIS DEED WITHNESSETH AS FOLLLOWS:

1. SUPPLEMENTARY DEED
That this Agreement is supplement to the Limited Liability Partnership
Agreement dated 01.01.2018.

2. ADMISSION OF NEW DESIGNATED PARTNERS/ PARTNERS

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 That the Third party shall be admitted as Designated Partner/partner in the
LLP from the date of this Supplementary LLP Agreement.

3. RETIREMENT OF DESIGNATED PARTNERS/ PARTNERS

That the second Party shall be retired as Designated Partner/partner from
the LLP after execution of this Supplementary LLP Agreement.

4. PARTNERS CONTRIBUTION AND PROFIT SHARING

That the Capital of the LLP shall be remain same as Rs. 50,000/- (Rs. Fifty
Thousand), the Second Party shall withdraw his entire capital contribution
of Rs. 25,000/- and the Third Party shall contribute a sum of Rs. 25,000/-
towards the capital contribution of the LLP. The Capital may be increased
or reduced from time to time in the same proportionate or as may be
mutually agreed upon between the Partners from time to time.

The Partners of the LLP shall be entitled to share profit and losses in the
proportion mentioned herein below or any other proportion with the
consent of all the designated partners.

S. No. Name of the Partner Percentage of Share

of Profit/ Loss
1. A SHARMA 50.00%
Party of the First Part
2. C SHARMA 50.00%
Party of the Third Part
Tota 100.00%
l

5. TERMS AND CONDITIONS

That from the date hereof, the said First Party and Third Party shall be
designated partners/partners subject to the terms and conditions of the
LLP Agreement, dated 01.01.2018, except in so far as the same are varied
by this Supplementary LLP Agreement.

6. AMOUNT DUE TO SECOND PARTY

That the Second Party confirms that as a result of account being taken,
there are no dues payable to him in lieu of capital, right, title and interest in
the LLP business including its assets and goodwill and he has no other
claims against the LLP and its partners.

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7. INTIMATION TO THE REGISTRAR
That the retirement of Second Party and admission of Third Party as
designated partners/partners shall be notified to the Registrar and the said
parties agrees to co-operate in the process as required for this purpose.

IN WITNESS WHEREOF the partners have put their respective hands the day
and year first hereinabove written:
Signed and Delivered by Witness No. 1:

Signature:

Name:
A SHARMA
PARTY OF THE FIRST PART Address:

Occupation:

C SHARMA Witness No. 2

PARTY OF THE SECOND PART
Signature:

Name:

Address:
E SHARMA
PARTY OF THE THIRD PART Occupation:

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