Partnership: Reconstitution and the Supplementary Deed
A supplementary deed is the cheapest instrument in Part D and the one most often executed a month too late, because a variation of remuneration operates only from the date it is signed and no amount of “with retrospective effect from 1 April” will move it.
- 13 pages
- 165
- Word and PDF
- 14 September 2026
The 3 formats inside
- 1Supplementary deed varying profit sharing, remuneration and interestIndian Partnership Act 1932, s.11On its own₹149
- 2Supplementary deed changing the firm name and adding a line of businessIndian Partnership Act 1932, s.12(c)On its own₹149
- 3Intimation letters on a reconstitution, banker, GST officer, Registrar of FirmsIndian Partnership Act 1932 and CGST Rules 2017On its own₹149
Read the opening
The first part of “Supplementary deed varying profit sharing, remuneration and interest”, as it downloads. Blanks are highlighted.
SUPPLEMENTARY DEED OF PARTNERSHIP
(Variation of profit sharing, remuneration to working partners and interest on capital)
THIS SUPPLEMENTARY DEED OF PARTNERSHIP is made at [Place where the Deed is made] on this [Day of the month the Deed is made] day of [Month the Deed is made], [Year the Deed is made].
Between
1. [Partner 1's full name], aged about [Partner 1's age (years)] years, son / daughter / wife of [Partner 1's father's, mother's or husband's name], resident of [Partner 1's residential address], PAN [Partner 1's PAN], hereinafter referred to as the “Party of the First Part”;
2. [Partner 2's full name], aged about [Partner 2's age (years)] years, son / daughter / wife of [Partner 2's father's, mother's or husband's name], resident of [Partner 2's residential address], PAN [Partner 2's PAN], hereinafter referred to as the “Party of the Second Part”;