If you want to start a business in Punjab, learning How To Fill and Prepare eBiz Partnership Deed 2025 is a very important step. This document, also known as the 2025 Business Agreement, is the legal foundation of your partnership firm (AOP). It clearly defines the roles, rights, and responsibilities of every partner. A properly prepared Partnership Deed helps avoid future disputes and ensures smooth business operations. Without this legal document, your business registration on the Punjab eBiz Portal will not be complete.
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Why eBiz Partnership Deed 2025 Matters
The eBiz Partnership Deed is not just a formal paper — it is a binding legal contract that controls how your business will run. When you fill in the 2025 deed, you are creating a written rulebook for profit sharing, decision-making, and conflict resolution. The Punjab Business Portal gives you a sample format, but you must carefully fill all details after discussion among partners. A good deed shows honesty, trust, and commitment between all members of your firm.
Basic Information of eBiz Partnership Deed 2025
| Feature | Details |
| Document Name | AOP (Association of Persons) — eBiz Partnership Deed |
| Purpose | Define legal terms of business partnership |
| Platform | Punjab Business Registration Portal |
| Legal Basis | Partnership Act, 1932 |
| Year | 2025 |
| Status | Mandatory for firm registration |
| Validity | Until dissolved or amended |
Key Clauses You Must Include
While filling the deed, some points are essential for your business safety.
- Firm Name and Nature of Business: Write your firm name clearly and explain the type of products or services you will offer. Example: “Renewable Energy & Bio Energy Technology.”
- Capital Investment and Profit-Sharing Ratio: This is the most important part. Each partner’s capital and profit/loss percentage must be written clearly. For example, Partner A – 80% and Partner B – 20%.
- Roles and Responsibilities: Mention who will be the Managing Partner. Example: “Partner No.1 will act as Managing Partner.” This ensures clarity in day-to-day operations and authority.
- Bank Account and Financial Control: Write which partner will handle the firm’s bank account and sign cheques.
- Death or Dissolution Clause: Mention what happens if a partner passes away. Usually, the business continues with the legal heir to protect investment.
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Operational & Legal Clauses Overview
| Clause | Purpose |
| Books of Accounts | To maintain records and close accounts yearly (e.g., June 30) |
| Arbitration Clause | To settle disputes without court cases |
| Dissolution Clause | Explains how the firm ends or continues |
| Bank Operation | Defines who can open and operate firm accounts |
| Death Clause | Ensures continuity if a partner dies |
Conclusion
In conclusion, learning How To Fill and Prepare eBiz Partnership Deed 2025 is necessary for every new business owner in Punjab. This document is more than a requirement, it is the blueprint for your business success. A complete and fair deed builds trust, ensures financial transparency, and helps in smooth operations. Take time to prepare it properly with all legal details to create a strong partnership that lasts long.
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FAQs
Q1: Can we prepare the deed ourselves?
Yes, you can, but it’s better to take help from a lawyer for accuracy and compliance with the Partnership Act, 1932.
Q2: Can we change the deed later?
Yes, with mutual consent of all partners. The changes must be updated through a new deed or addendum.
Q3: What happens if there’s no written deed?
Without it, the Partnership Act applies automatically, which can cause disputes and equal profit-sharing regardless of investment.
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