Partnership Firm Deed Registration.

[Guest]

Dear Sir,

I want to know the information about the Partner Ship Firm deed Registration.

The firm is started before  15 years now he want to change from 1st April, 2012.   In Firm Retire two  partner &  admit  two  partner &

Change the address of Partner Ship Firm.  What is the formalities for Registration with  ROF.

1) Which amount of stamp papers will be taken and which date. current date stamp paper will be ok or not.

2) What is the time limit to Registration with  ROF from change & which form is applicable.

Kindly suggest the information as earilest.

Thanks & Regards.

Mr.Kadam.

[jatin minocha]

dear mr kadam

pls clear whthr the pfirm is already regd with ROF or u want to get it regd since beginning

[Guest]

Partnership Firm is already Registered with ROF Mumbai

[jatin minocha]

dear mr kadam

stamp duty is 1% of the capital as on date of change subject to maximum rs.5000.00 as per indian stamp act

form no 5 is applicable for change in constitution of firm with altered partnership deed

time limit - recommended to do the needful asap within 30 days

AI Summary

Partnership deed amendment requires stamp duty assessed on capital, filing Form Five and prompt registration. Alterations to a registered partnership's constitution (partner retirement/admission and address change) require an altered partnership deed re-registered with the Registrar of Firms. Stamp duty is payable on the firm's capital as at the date of change, subject to the statutory maximum; current-date stamp paper is acceptable. Form Five is the applicable form for change in constitution, and registration should be completed promptly, generally within a short recommended period from the date of change.