{"id":27804,"date":"2021-03-20T14:43:04","date_gmt":"2021-03-20T09:13:04","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=27804"},"modified":"2024-06-06T11:44:02","modified_gmt":"2024-06-06T06:14:02","slug":"register-a-partnership-deed-in-maharashtra","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/register-a-partnership-deed-in-maharashtra\/","title":{"rendered":"How to Register a Partnership Deed in Maharashtra?"},"content":{"rendered":"\n<p class=\"has-drop-cap\">The partnership in India is governed under the Indian Partnership Act, 1932. A relation between two or more person as a partner who has agreed to share the profits of a business run by them or by one or more persons acting for all of them. Hence, any individual who is competent under the Contract Act to enter into the contract is eligible for becoming a partner in the partnership firm. A written Partnership Agreement is called a Partnership Deed. Here in this article we will talk about how to register a partnership deed in Maharashtra.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/register-a-partnership-deed-in-maharashtra\/#What_are_the_Important_Elements_of_Partnership_Firm\" >What are the Important Elements of Partnership\nFirm?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/register-a-partnership-deed-in-maharashtra\/#What_is_Partnership_Deed_Registration\" >What is Partnership Deed Registration?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/register-a-partnership-deed-in-maharashtra\/#Step_Wise_Process_to_Register_the_Partnership_Deed_in_Maharashtra\" >Step Wise Process to Register the Partnership Deed\nin Maharashtra:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/register-a-partnership-deed-in-maharashtra\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Important_Elements_of_Partnership_Firm\"><\/span>What are the Important Elements of Partnership\nFirm?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em><strong>The given below are the major five essential elements required for the partnership firm. They are as follows:-<\/strong><\/em><\/p>\n\n\n\n<ul>\n<li>Partnership Contract<\/li>\n\n\n\n<li>Limited Membership of up to 20 people<\/li>\n\n\n\n<li>Business Pursuit<\/li>\n\n\n\n<li>Sharing of business profits<\/li>\n\n\n\n<li>Mutual agency amongst partnership<\/li>\n<\/ul>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/partnership-firm-and-how-to-register-it\/\">An Analysis on What is a Partnership Firm and How to Register It!<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Partnership_Deed_Registration\"><\/span>What is Partnership Deed Registration?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Earlier\nthe partnership process was exceptionally lengthy and time taking. Therefore,\nwith the purpose to make the process easy the Registrar of firms from November\n2017 has made this process online. <\/p>\n\n\n\n<p>Since\nthe online registration the documents are required to be physically submitted\nin the concerned Partnership office. Moreover, the reason behind making this process\nonline is with the objective to keep the records and maintain the documents online\nso that they are not misplaced as earlier.<\/p>\n\n\n\n<p>A&nbsp;partnership deed&nbsp;is a written agreement between two or more partners who are prepared to commence their business together. The deed shall consist of all the essential terms and conditions of the partnership firm that has been agreed and signed by all the partners. <\/p>\n\n\n\n<p>A <a href=\"https:\/\/corpbiz.io\/partnership-firm-registration\"><strong>partnership firm registration<\/strong><\/a> is the process in which the partners are turning their drafted agreement by the concerned authority into a document that shall be legally binding and getting the deed notarized by the public notary. The given below are the essentials that will be compulsorily covered in the partnership deed:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/03\/What-is-Partnership-Deed-Registration.png\" alt=\"Partnership Deed Registration\" class=\"wp-image-27860\" width=\"525\" height=\"525\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/03\/What-is-Partnership-Deed-Registration.png 900w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/03\/What-is-Partnership-Deed-Registration-150x150.png 150w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/03\/What-is-Partnership-Deed-Registration-300x300.png 300w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/03\/What-is-Partnership-Deed-Registration-768x768.png 768w\" sizes=\"(max-width: 525px) 100vw, 525px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_Wise_Process_to_Register_the_Partnership_Deed_in_Maharashtra\"><\/span>Step Wise Process to Register the Partnership Deed\nin Maharashtra:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em><strong>The given below are the steps for registering a partnership deed in Maharashtra:-<\/strong><\/em><\/p>\n\n\n\n<ul>\n<li><strong>Login to page&nbsp;<\/strong><a href=\"http:\/\/www.rof.maharashtra.gov.in\"><strong>www.rof.maharashtra.gov.in<\/strong><\/a><strong> \u200e <\/strong>\n<ul>\n<li>Create a new User ID (New ID is required for Each Firm).<\/li>\n\n\n\n<li>The person shall be asked to create his own user id and password wherein he shall be required to provide his respective contact details and address, etc and then after registering, the screen will provide with a password.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>To fill up Form A i.e. Application for Registration<\/strong><\/li>\n<\/ul>\n\n\n\n<ol>\n<li><strong>Form A is in the <\/strong>Firm Management Tab which shall be clicked. Form A <strong>is divided into four parts :-<\/strong>\n<ol>\n<li><strong>Part 1-<\/strong> &nbsp;<strong>Firm Details<\/strong>&nbsp;\u2013 this will cover the partnership firm name and nature of business both in English and Marathi<\/li>\n\n\n\n<li><strong>Part<\/strong> 2- this part shall contain the principal business place of the partnership firm according to the English partnership deed<\/li>\n\n\n\n<li><strong>Part 3<\/strong>&#8211; this part shall contain the principal business place of the partnership firm according to the Marathi partnership deed and the person should ensure to &nbsp;choose the duration of partnership as &#8211; \u201c AT WILL\u201d <\/li>\n\n\n\n<li><strong>Part 4<\/strong>&#8211; If the firm carries on its business in more than one place then in this part it shall mention the name and address of that other place where the firm is located.<\/li>\n<\/ol>\n<\/li>\n\n\n\n<li>The next step will be to click on the option for \u201cadding partners\u201d &amp; &nbsp;&nbsp;&nbsp;&nbsp;fill in their relevant details, and check whether the partner is an individual or not or the partner is a major or a minor. Then the next step will require the submission of following documents which has to be attached.<\/li>\n<\/ol>\n\n\n\n<ul>\n<li><strong>Compulsory Documents <\/strong>\n<ul>\n<li>The true copy of the Partnership Deed which shall be certified by a C.A. or an Advocate.<\/li>\n\n\n\n<li>The true copy of Marathi translation of Partnership Deed which is certified by C.A. or Advocate.<\/li>\n\n\n\n<li>Affidavit copy license<\/li>\n\n\n\n<li>Rs. 10\/- blank Stamp Paper in the name of Partner or the partnership firm.<\/li>\n\n\n\n<li>If company is partner then certified copy of the MoA and AoA.<\/li>\n\n\n\n<li>If the C.A. or Advocate has submitted the documents then the authority letter shall be signed by all the partners.<\/li>\n\n\n\n<li>Covering letter of the deed with Court Fee Stamp of Rs.5\/-.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>After Uploading the Documents the Person Shall Click on Submit Tab.<\/strong>\n<ul>\n<li>Then proceed to payment mode. The total amount of Rs. 1623 shall be paid which can be paid via any one of the four modes of payment provided therein.<\/li>\n\n\n\n<li>The person should take the print out on Green Ledger Paper of the filled up Form \u201cA\u201d which shall have the signature of all the partners.<\/li>\n\n\n\n<li>The Form A has to be notarised and uploaded with all the above documents to the designated office of Registrar in Bandra office address within 7 days of the online application and get the verification of documents by the official on the counter. <\/li>\n\n\n\n<li>After the official approves it then the partner can submit all the required documents to the concerned official and get his acknowledgement. This shall confirm the registration process of the partnership deed.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Registrar\nof firms shall take 3-4 years of time period for verifying the form and if in\nany case there is any objection in the form then he will send back the courier\nand also send an email of the objection letter. The partners must be alert regarding\nthe same and they must reply to the objection with proper modification in Form\nA.<\/p>\n\n\n\n<p>Therefore, partners must ensure that they are obliging with all the legal requirements and abiding by all the procedure as mandatory to register a partnership deed in Maharashtra.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/partnership-firm-registration-procedure-and-regulations\/\">Partnership Firm Registration: Definition, Regulations, and Registration Procedure<\/a><\/mark><\/p>\n\n\n<a href=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/03\/Procedure-of-Partnership-Firms-English.pdf\" class=\"pdfemb-viewer\" style=\"\" data-width=\"max\" data-height=\"max\"  data-toolbar=\"bottom\" data-toolbar-fixed=\"off\">Procedure-of-Partnership-Firms-English<br\/><\/a>\n<p class=\"wp-block-pdfemb-pdf-embedder-viewer\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The partnership in India is governed under the Indian Partnership Act, 1932. A relation between two or more person as a partner who has agreed to share the profits of a business run by them or by one or more persons acting for all of them. Hence, any individual who is competent under the Contract [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":27851,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[158],"tags":[1614],"acf":{"service_id":"5"},"authorName":"Kandarp Vanita","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/02\/image_2021_02_01T09_09_44_024Z.png","authorDescription":"Kandarp Vanita has done masters in Corporate and Commercial Law from WB National University of Juridical Sciences. She has 3 yrs of experience in drafting legal documents &amp; dissertations. Being a curious reader, she is also passionately into providing legal backups and comprehensive understandings in every aspect of Law to the firms.","postViews":8749,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/27804"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=27804"}],"version-history":[{"count":14,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/27804\/revisions"}],"predecessor-version":[{"id":64580,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/27804\/revisions\/64580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/27851"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=27804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=27804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=27804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}