FORMAT / DRAFT ON RECONSTITUTION OF PARTNERSHIP DEED ON ACCOUNT OF DEATH OF PARTNER

[DINESH TIBAREWALA]

Dear Sir

I need a format / draft on reconstitution of partnership when out of 3 partner 1 partner died and firm continue to run the business after death of a partner.

Please forward the draft if you have any.

AI Summary

Guidance Sought for Drafting Partnership Deed After Partner's Death; Legal Expertise Recommended for Custom Solutions. A participant sought a draft for reconstituting a partnership deed following the death of one partner in a three-partner firm, which intends to continue operations. Two responses were provided. The first advised consulting an advocate experienced in drafting such documents, as the draft depends on the partnership's specifics. The second response concurred with the first, emphasizing the importance of professional legal assistance.