The Partnership Agreement Amendment is essential when partners wish to modify their existing partnership arrangement in India. This document is used when there are significant changes to the partnership structure or operations that need to be formally documented. It must comply with the Indian Partnership Act, 1932, and other relevant Indian legislation. Common scenarios requiring a Partnership Agreement Amendment include changes in profit-sharing ratios, addition or removal of partners, modifications to capital contributions, alterations in management rights, or updates to the business scope. The amendment ensures legal compliance while maintaining clarity in partner relationships and business operations. It serves as an official record of the changes and helps prevent future disputes by clearly documenting the agreed modifications to the original partnership terms.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of all existing partners and their contact details
2. Background: Reference to original partnership agreement, reason for amendment, and confirmation of partners' agreement to modify terms
3. Definitions: Key terms used in the amendment agreement, including reference to definitions in the original agreement
4. Effective Date: Specification of when the amendments take effect
5. Amendments: Detailed description of specific clauses being amended, showing both original and new versions
6. Ratification: Confirmation that all other terms of the original agreement remain unchanged
7. Governing Law: Confirmation of Indian law as governing law
8. Execution: Signature blocks for all partners
1. Capital Contribution Changes: Include when amendments involve changes to partner capital contributions
2. Profit Sharing Modifications: Include when changing profit/loss distribution ratios
3. Management Rights: Include when modifying management responsibilities or voting rights
4. Addition/Removal of Partners: Include when partnership composition is changing
5. Business Scope Changes: Include when modifying the nature or scope of partnership business
6. Term Extension: Include when modifying the partnership duration
7. Dispute Resolution: Include when updating dispute resolution procedures
1. Schedule A - Original Agreement: Copy of the original partnership agreement being amended
2. Schedule B - Updated Partner Details: Current details of all partners including contact information and ownership percentages
3. Schedule C - Capital Account Statement: Current status of capital accounts if financial terms are being amended
4. Schedule D - Consent Letters: Written consents from all partners agreeing to the amendments
5. Schedule E - Registration Documents: Copies of partnership registration documents and any required regulatory filings
Find the exact document you need
Closing Extension Addendum
An Indian law-compliant addendum that formally extends the closing date of an existing agreement while maintaining other original terms.
Download
Amendment To Sales Contract
A legal document under Indian law that modifies specific terms of an existing sales contract while maintaining the validity of unchanged provisions.
Download
Amendment To Purchase And Sale Agreement
An Indian law-governed document that modifies specific terms and conditions of an existing Purchase and Sale Agreement.
Download
Addendum For Tenancy Agreement
A legal document under Indian law that modifies or adds terms to an existing tenancy agreement while maintaining the validity of the original contract.
Download
Addendum Contract Extension
A formal document under Indian law that extends the duration of an existing contract while maintaining or modifying its terms and conditions.
Download
Rental Contract Amendment
An Indian law-governed document that formally modifies specific terms of an existing rental agreement while maintaining other original provisions.
Download
Partnership Agreement Amendment
An Indian law-compliant document that modifies an existing partnership agreement terms under the Indian Partnership Act, 1932.
Download
Amendment Agreement
An Indian law-governed document that formally modifies specific terms of an existing agreement while maintaining its core structure.
Download
Sales Contract Addendum
An Indian law-compliant amendment document that modifies specific terms of an existing sales contract while maintaining other original terms.
Download
Amendment Change Of Employment Contract Letter
A legal document used in India to formally modify existing employment terms and conditions between employer and employee.
Download
Contract Addendum
A legal document under Indian law that modifies an existing contract while maintaining the validity of unaltered terms.
Download
Early Lease Termination Addendum
An Indian jurisdiction addendum for early lease termination, compliant with state rent control acts and national property laws, detailing termination terms and settlement procedures.
Download
Addendum Deed Of Sale
An Indian law-compliant legal document that modifies or supplements an existing Sale Deed, requiring proper stamping and registration under Indian property laws.
Download
First Addendum To Agreement
An Indian law-governed document that formally modifies an existing agreement between parties, maintaining legal compliance while updating specific terms and conditions.
Download
Pool Addendum For Rental Agreement
An Indian jurisdiction addendum to rental agreements specifying terms and conditions for swimming pool usage, maintenance, and liability.
Download
Addendum To Lease Agreement Change Of Name
An Indian law-compliant addendum that formally documents a party's name change in an existing lease agreement while maintaining all original terms and conditions.
Download
Addendum To Change Purchase Price
A legal document under Indian law that modifies the purchase price in an existing contract while maintaining other original terms and conditions.
Download
Commercial Lease Extension Addendum
An Indian law-compliant document that extends an existing commercial lease agreement, specifying new term length and any modified conditions.
Download
Addendum To Bill Of Sale
A legal document under Indian law that modifies or adds to an existing Bill of Sale, ensuring compliance with Indian Contract Act and related regulations.
Download
Addendum Loan Agreement
An India-governed document that amends an existing loan agreement, modifying specific terms while maintaining compliance with Indian banking and contract laws.
Download
Lease Transfer Addendum
An Indian law-compliant document that formalizes the transfer of lease rights from an existing tenant to a new tenant, with landlord's consent.
Download
Addendum To Service Agreement
An Indian law-governed document that modifies an existing Service Agreement, incorporating changes while maintaining the original agreement's framework.
Download
Lease Addendum Change Of Ownership
An Indian law-compliant lease addendum documenting property ownership transfer from original to new landlord while preserving existing tenant lease terms.
Download
Addendum To Rental Agreement
An Indian law-compliant document that modifies an existing rental agreement between landlord and tenant, incorporating specific changes while maintaining other original terms.
Download
Addendum To Memorandum Of Agreement
A legal document under Indian law used to modify or supplement an existing Memorandum of Agreement while keeping the original agreement valid.
Download
Furnished Apartment Lease Addendum
An Indian jurisdiction addendum to a residential lease agreement specifying terms and conditions for furnished items provided with the rental property.
Download
Employee Lease Addendum
An Indian law-compliant addendum governing employee leasing arrangements between organizations, maintaining primary employment relationships while enabling temporary assignments.
Download
Lease Renewal Addendum
An Indian law-compliant document that extends an existing lease agreement, specifying new duration and terms while maintaining the original agreement's core structure.
Download
Addendum To Purchase And Sale Agreement
A legal document under Indian law that modifies an existing Purchase and Sale Agreement, incorporating changes while maintaining the validity of the original contract.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)