PARTNERSHIP AGREEMENT
This Deed of Partnership Agreement
is made on this the ................ Day of .............., 2012 of Christian
Era.
BETWEEN
................................, S/o. .............................. of .................................................
a Bangladeshi businessman by nationality and profession hereinafter called the
parties of the First Part.
AND
.........................................., S/o. .................................. of ....................................
a Bangladeshi businessman by nationality and profession hereinafter called the
parties of the Second Part.
Witnesseth that the parties of the First & Second
Part having been known to each other observed the feasibility of setting up Trading,
Telecommunication, Indenting, Import, Export & Consultancy
related business in the areas of Bangladesh & abroad and decided to form a
Partnership Firm in order to run the said business smoothly & efficiently.
Now all the parties of the First & Second
part after series of fruitful discussion have decided to form this partnership
business and thereby execute this deed of Partnership Agreement on the
following terms and conditions:
1. That the
name of this partnership firm shall be ".........................................
".
2. That the
registered office of the firm shall be situated at ................................
which may be shifted to some other place / places as the parties decide from
time to time.
3. That this
partnership deed of agreement shall come into force from this date of agreement
and would continue as such until otherwise decided by the parties themselves.
4. That the main
object of business shall be as under:
a) To carry on the
business of trading, buy, sell, marketing, indenters, commission agents,
selling agents, distributors, broker, merchants, wholesalers, retailers,
buyers, manufacturers and dealers in general merchandise, commodities, articles
and permitted goods of all description whatsoever.
b) To carry on the business for establishment of all types of
Telecommunication & Information communication Technology services, establish
telecommunication network, Data Network, Internet, Email, Telephone, Fax,
Internet service and information on service oriented business in Bangladesh and
abroad with the existing and future technology.
c) To undertake all types of consultancy and advisory work relating
to the promotion and development with Government, Non-Government, and
international organizations including multilateral or bilateral donors and all
types of companies in Bangladesh
and abroad.
d) To carry on the business as importers, exporters, stockiest and general
order suppliers.
e) To provide necessary consultancy services to sick industries and
commercial business units in the matter of accounting system and IT matters.
f) To provide project consultancy service on turn key basis
arranging machineries from overseas and local manufacturer.
g) To establish branch offices, sub-offices
inside the country or abroad for conducting the business.
h) To do all such other things as are
incidental or as the firm may think conducive to the attainment of the above
objects or any of them.
5. That the
capital of this partnership business shall be Tk. 1,00,000/-
which shall be contributed by parties of the First & Second Part in the
following manner:
|
Parties of
different parts
|
Name
|
Amount of
Capital
|
|
First Part
|
Mr.
.........................
|
50,000/-
|
|
Second Part
|
Mr.
.........................
|
50,000/-
|
Any
capital over and above the amount shall be contributed by the partners as per
specific resolution taken by the partners from time to time.
6. That the profit
or loss arising out of this partnership business shall be shared or borne by
all the partners according to each parts investment in the firm.
7.
That Mr. .........................
shall be the First Managing Partner of this firm and would continue to act as
such unless otherwise decided by the partners.
8. That there
shall be bank account/ accounts with any Bank/ Banks operating in Bangladesh in
the name of the firm which shall be operated by the two partners jointly.
9. That all the
partners shall have the authority to accept cheques, bills of exchange and bank
draft on behalf of the firm.
10. That all the
partners shall remain just and faithful to each other in all matters of
transaction relating to this partnership.
11. That the day to
day affairs of the firm shall be managed and controlled by the Managing Partner
Mr.
....................... who shall have the authority to execute all the
decision regarding said partnership whatever the partners decide from time to
time. The partners shall sit together at least once in a month to review &
overview the overall business position of the firm.
12. That the
Financial year of the firm shall commence from 1st January of each calendar
year and would end on 31st December of the same calendar year.
13. That after the
end of each financial year the books of accounts maintaining day to day
financial transaction shall be closed and a final account shall be prepared
& audited by any Chartered Accountant Firm for necessary satisfaction and
benefit of all the partners.
14. That each and
every partner shall have the right to transfer or sell their respective shares
in the firm in the name of any other person/persons with the unanimous approval
of the other partner.
15. That for
greater interest of the business any new partner can be co-opted with the
consent of all the partners.
16. That any of the
partners shall have the option to saver this connection from this partnership
by giving two months prior notice from the date of his retirement and the
remaining partner may continue the said business in a new arrangement.
17. That in the
event of any dispute arising in this partnership firm the matter shall be
referred to an Arbitrator acceptable to all the parties and the decision of the
Arbitrator shall be final and binding on all the parties.
18.
That in the
event of death of any partner, the firm shall stand dissolved and a final
account of the firm would be prepared as on that date and any amount receivable
by the deceased shall be paid to his/her legal heir or representative within
one month from the date of finalization of accounts. However, the remaining
partner can continue the business in a new arrangement.
IN WITHNESS HEREOF all the parties of the First
& Second Part put their respective signature in fresh, cool and open mind
and without any force or coercion from any quarter.
|
Signature
of the
First
Part
|
|
Signature
of the
Second
Part
|
|
Witness
|
Signature:
____________________
Name:
________________________
Address:
_______________________
______________________________
Occupation:
____________________
|
Signature:_______________________
Name:
_________________________
Address:________________________
_______________________________
Occupation:_____________________
|
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