Draft a Notice to dissolve Partnership by mutual agreement between the partners. Assume facts.
CS Professional · Drafting, Pleadings and Appearances · PYQS · December 2024
Draft a Notice to dissolve Partnership by mutual agreement between the partners. Assume facts.
Answer & Explanation:
Notice It is pleasure to have very long business partnership named "XX, ZZ and sons" between "XX" With "ZZ". We both enjoyed this agreed partnership in terms of profit, growth, goodwill and our friendship. Now we are in good positions and having capital to manage separate businesses as discussed in our last meeting. Our partnership goes long even more than our agreement. It was just because of your goodness and competency. We are having some issues because of our employees. The same have been resolved in the last meeting. Before we get into any further misunderstandings, we have decided to proceed to terminate the partnership agreement as defined in our first agreement. Which clearly define the terms and conditions for termination of assets, capital, employees and goodwill. All debts dues have settled and today this is to notify to all that the partnership between partnership named "XX, ZZ and sons" between "XX." With "ZZ" has been dissolved on mutual agreement. Dated: [Date] S/d "XX" S/d ZZ
Topics: Drafting of Deeds and Documents
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