Partnership Deed for CA firm

[Ankit Jain]

We have opened a new CA firm and have 3 partners. We would like to make a partnership deed. In this regard i wanted to ask following queries:

1. Whether deed being notorised mean being registered or it needs to be registered somewhere else?? if so where??
2. Whether that deed has to be submitted to the institute?
3. In opening a bank account that deed will be necessary??

Thanks in advance
ACA Ankit Jain
Rathi Jain & Associates
New Delhi & Kolkata

[Gaurav Basu]

Dear ankit,
1. Notorised doesn't mean registered. In case you want to get it registered it will b done with the registrar of firms of ur state. Registration is not a must.
2.Icai doesn't need the deed form 18 is enough.
3. Banlks will need it for which notorised copy is enough

Regards
Gaurav Basu
Sent from handheld. Excuse the terseness!

---

From: Ankit Jain <ajai...@gmail.com>

Sender: foru...@googlegroups.com

Date: Thu, 9 Jan 2014 10:47:55 -0800 (PST)

To: <foru...@googlegroups.com>

ReplyTo: foru...@googlegroups.com

Subject: [CA RUNGTA PD] Partnership Deed for CA firm

--
forum4ca is a Google Group of eServe online for the benefit of CA and other professionals. It is especially meant for written discussion & circulate information within group members. The mail may contain such research/advice/opinion/information/fact provided by any member and are subject to the accuracy and of the description of facts.The forum4ca, do not claim that contains in mail/information obtained after reading as a complete and accurate disclosure of relevant facts. Further this Group’s Owner/Moderator/Member are not liable for any damages or costs suffered due to action/transaction based on information on this Group.
 
To join and/or to post to this group send email: foru...@googlegroups.com
To unsubscribe from this group, send email to:forum4ca+u...@googlegroups.com
For more options, visit this group at:http://groups.google.co.in/group/forum4ca or www.eserveonline.net
 
---
You received this message because you are subscribed to the Google Groups "forum4ca" group.
To unsubscribe from this group and stop receiving emails from it, send an email to forum4ca+u...@googlegroups.com.
For more options, visit https://groups.google.com/groups/opt_out.

[Ankit Chaudhary]

If you are from Kolkata, then registration will be done in Todi
Mansion, near Central Metro.

--
With Warm Professional Regards,

For, A Chaudhary & Co
Chartered Accountants

CA. Ankit Chaudhary| Proprietor

+91 9339496519

[DEBA PRATIM GHATAK]

1. A notarised or rgistered partnership deed is nothing but a deed of contract and disputes would be settled by the laws of contract amnd not Partnership Act. The Firm has to be registered with the registrar of firms at Todi Mansion, Kolkata for being treated as a registered partnership firm.
2. No. Form 18 is to be filed with ICAI with the ICAI letter of approval of firm's name. The deed is not required to be filed but all the partners have to sign the form.
3. Yes. You should proceed to apply for PAN and then open a bank account. The deed is very much required for the bank account opening.

DP Ghatak

9434474982

Durgapur

From: Ankit Jain <ajai...@gmail.com>
To: foru...@googlegroups.com
Sent: Friday, 10 January 2014 12:17 AM

Subject: [CA RUNGTA PD] Partnership Deed for CA firm

[Ankit Jain]

Thanks for your answers. Could you say is registering partnership deed practically followed by the CA firms?? and wheres the office in Delhi to register partnership??

[soumya sengupta]

Dear Member,

1. Deed duly notarised will serve the purpose.  

2. No need to submit the same to the Inst.

3. It will be required to open a bank a/c.

Warmly,

CA S.Sengupta

[adarshm...@gmail.com]

Is there any rules or regulations for counting a partner, only if he has share in profit above a specific %

In our CA firm, we have 3 CA full time employees. Was planning to add them as partner giving them 1% profit share each.

Will these 3 employees after adding as a partner be counted for audit allotment purpose

[Rahul Sethia]

Yes

--
forum4ca is a Google Group of eServe online for the benefit of CA and other professionals. It is especially meant for written discussion & circulate information within group members. The mail may contain such research/advice/opinion/information/fact provided by any member and are subject to the accuracy and of the description of facts.The forum4ca, do not claim that contains in mail/information obtained after reading as a complete and accurate disclosure of relevant facts. Further this Group’s Owner/Moderator/Member are not liable for any damages or costs suffered due to action/transaction based on information on this Group.

To join and/or to post to this group send email: foru...@googlegroups.com
To unsubscribe from this group, send email to:forum4ca+u...@googlegroups.com
For more options, visit this group at:http://groups.google.co.in/group/forum4ca  or   www.eserveonline.net

---
You received this message because you are subscribed to the Google Groups "forum4ca" group.
To unsubscribe from this group and stop receiving emails from it, send an email to forum4ca+u...@googlegroups.com.

For more options, visit https://groups.google.com/d/optout.