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Partnership Agreement

Comprehensive partnership agreement template under Indian law covering capital contributions, profit/loss sharing, partner duties, managing and silent partner clauses, admission/retirement, disputes and dissolution.

Takes 5 minutes ~2 pages Expert drafted
partnership agreementpartnership actcapital contributionprofit sharingmanaging partnersilent partnerdispute resolution
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What is a Partnership Agreement?

A detailed partnership deed template under Indian law covering governance, economic sharing, partner duties, admission/retirement, disputes and dissolution.

When should you use this?

Common situations where this document is the right choice.

When setting up an unregistered or registered partnership firm under the Indian Partnership Act, 1932.
When documenting or updating an existing partnership’s terms, including managing and silent partner roles.
When banks, tax authorities or counterparties require a formal partnership deed for KYC and due diligence.

What's included

Key sections and clauses in this document.

Firm name, business scope and principal place of business.
Capital contribution and profit/loss sharing ratios for each partner.
Managing partner and silent partner provisions with clear authority.
Restrictions on competing activities and borrowing.
Admission, retirement, expulsion and dissolution mechanisms.
Accounts, audit, governing law and arbitration clauses.
Simple Process

How it works

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Answer a short series of questions. The form takes 5 minutes and guides you step by step through every field.

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Frequently asked questions

Everything you need to know before creating your document.

How is this different from an LLP agreement?+

A partnership under the Partnership Act, 1932 does not offer limited liability, whereas an LLP under the LLP Act, 2008 is a separate legal entity with limited liability for partners.

Can profit-sharing be different from capital contribution ratios?+

Yes. Partners are free to agree profit and loss sharing ratios that differ from capital contributions, provided these are clearly documented in the deed.

Legally valid

Compliant with Indian law

Expert drafted

By certified legal professionals

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Word + PDF, edit anytime

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Takes 5–7 minutes · Legally valid in India · Instant Word + PDF download

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Partnership Agreement

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