What are the clauses of Partnership Deed.
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It is an agreement in writing signed by all the partners duly stamped and registered. It defines the rights, duties, and obligations of partners. The partnership deed must not contain any term which is contrary to the provisions of The Indian Partnership Act 1932
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- Capital contributions.
- Duties as partners.
- Sharing and assignment of profits and losses.
- Acceptance of liabilities.
- Dispute resolution.
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