Can You please give me a exampleof a minimum lock in period clause that can be entered in a partnership deed
Answered on: 7/03/13, 6:29 am by Fca Prashant Chavan
Dear Sir / Madam,
Draft of minimum lock in period clause :
"Each partner has agreed to invest a sum of Rs. _____________ as their Capital in the business, which principal amount contribution will remain with the firm for a minimum period of ____ years ___ months from the date of registration of the firm and commencement of business operations."
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