as ; mes,
W ZESTAMP.VENDar
INDIA NON JUDICIAL
Government of Uttarakhand
e-Stamp
" 0026T
Contficate Issued Date 3 10: e
Account Reference £ NONAGC (SV)/ uk1306904/ BAJPURY UK-UN
Unique Doc. Reference 2 SUBIN-UKUK130690470497722630272T
Purchased by Neelam Jewellers
Description of Document Article 48(A) Partnership
\\ Property Description a ;
Consideration Price (Rs) Bs
(Zero)
First Party 2 Neolam Jewellers
‘Second Party Te whom it may concer
Stamp Duty Paid By Neelam Jewellers
Stamp Duty Amount(Rs.) 1,000
(One Thousand only)
cos
THIS DEED OF PART.
JULY, 2021 by and between
Mrs, SUMAN GARG WiO SURESH G. ”ARD
MAJHRA PRABHU, — BAZPUI Sea oa
May PRABHU, R, UDHAM SINGH NAGAR’
hereinafter referred to as firsi-party.
Suwa hov-9) Ya dA 0000243268Mrs. REET GARG W/O AMAN GARG R/O WARD NO.. 11,
PAHARI COLONY, BAZPUR, UDHAM SINGH NAGAR,
UTTARAKHAND - 262401 hereinafter called the third party.
AND
Mrs. ANCHAL GARG W/O VINAY GARG R/O WARD NO.- 11,
PAHARI COLONY, BAZPUR, UDHAM SINGH NAGAR,
UTTARAKHAND - 262401 hereinafter called the fourth party.
AND
WHEREAS the above named partners have decided to start the
partnership business in the name and style of M/S NEELAM
JEWELLERS with effect from 26th day of JULY, 2021 on the terms
and conditions hereinafter mentioned the terms and conditions into
writing.
NOW THIS INDENTURE IS WITNESSETH AS FOLLOWS:
1. THAT the parties referred above shall carry on the business of
Jewellery of gold, silver and diamond in the PARTNERSHIP FIRM
under the name and style of M/S NEELAM JEWELLERS, MAIN
ROAD, BAZPUR, UDHA SINGH NAGAR, UTTARAKHAND -
262401 hereinafter referred to as the FIRM), But by their mutual
consent may start and carry on any other business or businesses
under any other name or names at any other place or places.
2. THAT the business of the PARTNERSHIP pursuant to this DEED of
PARTNERSHIP shall be deemed to have commenced with effect
from 26th day of July, 2021,
Se ys yx “ph“to time by the PARTIES in su 7
< sbé agreed to between them and such capital maybe
paid interest“as may be mutually agreed from time to time at the
‘That all the PARTIES referred above shall be Working Partners and
shall attend diligently to the business of the Partnership and carry
on the same for the greatest advantage of the Firm.
That all the WORKING PARTNERS shall be entitled for
remuneration permissible under the Income Tax Act, 1961, The
yearly remuneration payable to partners shall be calculated as
percentage of book profit in following manner:
> On first Rs. 3.00 Lakhs of book profit 90% of book profit
> On the balance of book profit 60% of book profit
Such remuneration may be increased or decreased in future as may
be decided by the partners. In case the profits of the firm are
insufficient, the partners may accept remuneration at lower rates.
‘That all business expenses shall be borne by the FIRM.
"That the Profits or Losses, as the case may be, of the Partnership
business shall be divided among the Partners as under :
NAME OF WORKING PARTNER SHARE OF PROFIT OR LOSS
a. Mrs. SUMAN GARG 25%
b. Mr. VINAY GARG 25%
c. Mrs. REET GARG 25%
d. Mrs. ANCHAL GARG 25%
‘That the duration of the PARTNERSHIP shall be at WILL.
cumantery yt YK os1
8
13.
14
5
16.
vier may retire from Partnership after
«Partner (s) of not less than one month in w
Upon mutual understanding, each Partner or his duly authorized
agent shall have free access to the account books of the Partnership
and shall be entitled to take copies or extracts from any or all such
books and records of the Partnership Business.
. That no Partner shall have the right to sell, mortgage or transfer his
share of interest in the FIRM to anyone else except to his heir or
heirs or any one of the existing Partners or to their heir (s). In the
event of heir (s) selling his/her share to any one else, the existing
Partners shall have a right or pre-emotion in respect of such share
(8) sold.
That the Partners shall keep or cause to be kept the books of account
of the FIRM at the principal places of its business and make all
entries therein, and that all such books of account kept shall be
closed on 31*t March every year or in the case of any necessity on any
other date as the Partners may mutually decide.
That no Partner shall do any act or thing whereby FIRM or the
FIRM property may be prejudicially effected.
. That the terms of the Partnership Deed may be altered, added to or
cancelled by the written consent of the Parties to this DEED.
5 That the partners can open the bank account of the firm, in any bank
and bank account shall be operated by the partners jointly or
individually, as the case may be.
That the partners shall not take any loan from any person/Financing
Company, bank or any other Govt./Pvt. Department in any case,
without the written consent of each other.
smatey Ne WO asAfany dispute arising out of this DEEV
BED, it shall be decided by Arbitration\é
Indian Arbitration Act.
IN WITNESS WHEREOF the Parties hereto have set and subscribed
their respective hands to these presents the day, month and year
first written above.
VX
Mrs. SUMAN GARG
Mr. \UNAY GARG
(First Partner)
(Sec Partner)
Sawada
Mrs. REET GARG
Mrs. ANCHAL GARG
(Third Partner) (Fourth Partner)
WITNESSES:
Z eer
r Harshit Finclal Slo Roy'erh Kuraanetrrola!
Shor
% Scivam sfo Amor si
VERIFIED & AUTHENICAY.
ski... SAMon Goat, Vi
lt
THIS. ft ey a
on con
Reg, No.38/03/2010
‘Sarour (U.S. Nagar) | *