IIIIS l)lrl:D Of l,n l{'t'NEttSiltp

Sh. X son of:Sh.rvhich cxprcssiorr slrnll ,r.r"r,rcpresen tal ives.

Sh. Y, son of Sh.Parfy' rvhich .rpr**iou ,l*il-ril,represen tat ives.

l'r!-{ rN!:11! lllp B L,_trn

is cxecrrtcil al I)clhi on rhis l(rrh clrr-v trl. i\lrrrch, 20()7lllrl'WEEN

I{esirlcnt of.,J

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;,,. r r,r";;l*.r *, ;i:J;i;,l:' :*:lJf ';li:" ;::?l

ANDResident of *, hereir:after called ,thc

Sccouclanct iltclucle his heirs, successors, executors;rncl lcgal

wl-IEREAS lhe First Panv is irt occtrpatio'.t.,,t 1t.],nllt olproperry r'easuring 1000 sq. rt. o' rrrcgrourrd floor bearirrg No. A-20, ChanJa'i Clirvok, Dellri.

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AND WHEREAS the First Par$ is clesirotrs.of carrying on the business of interior decoration arclthe Second Pafty, bei'g experictrced irr tlris troa", ni, upor#n"a the First party to rLrrr t6isbusiness witlr lrinr jointly in partuership;

AND WHEREAS the parties have agreed to comnrence and run trre business of interiordecoratioti, ftrnlishirtg, tnanrifact,re arr-d sale of furniture, ,"n n",riri;;r*" ril";:sjsrori", inpartnersh ip.

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l. The nanie and styre of this parlnership busi'ess shat be lr4/s. ABC.2' Tlte business of this partnership shalibe consictered,";;;;;;;i'.,"n."a o,20rh day ofNlarch, 1 984.3' That'the principal place of busitress of this partnerslrip shall be at A-20, chanclnichowk'Delhi' However' the same rnay be shiftea or carried on elsewhere as well with' the mutual consent of both the parties hqrn time t; ;;;'4' That the business of the partneiship shall be ;n,..loi J".oratio', funrishing, manufactureand sale of furniture, soft fumishing and assessories. Horu"u"i,.h";;;i;;r^i;ill also beentitled to extend their activities inio urti,r* o, -u,ruiru"tr,rlng of any other iteni aswell.5. The shares of the parties in the profits and losses shail be as foilows:i. First party _ 5l%

ii. Second party6' TIre ini'tial capital lras been contributed by both the parties by investing a surn of Rs.15,000/- edctr. tf ana t"i,.,t,rior" n,na, ur" r"qul."Jriith" burin"ss, the partners shal

.;il:::,r1" same. Horvever, ary capitar investineni "f

l* parrners shail not carry any

7' In case loans ordeposits are raised from outside i.e. friends and relations of the partneror the financial institutions then only those loans or J"losits, *hiclr are taken with thewritten consent.of b-oth the pafiners and are entered irr the books of accounts of thepartrtership, shall be binding orr the firm. The partnershif shall maintairi r"gutul uoorc oraccotlnts in accordance rvith the customs oltrade and'all dealings "itri" p't"ershipshall be duly recorded in the sarne. The account oooLr.t". shall be naintained in theplace of business at A-20, ChandniCho.rvk, Delhi.8' Each of the partners shall be entitled to withdrarv a sum of Rs. 2000/- every montlrwhich shail be adjustabre in the finar profit and to* u..ou,,t ; ;;;;;;;;,r ;;;; y"r.9' The First Parf shall also be entitlecl lo withdraw a surn oflRs. 5000/- per month towards

lt: ttlt.l: is paying to the Landlord in respect or ttr" po,t;o,r of ,i.,.o,r_v No. A-20,Charrdni Chorvk, Dellri. r .

10. 'l'lte lclrrrrcv riglrts irt rcspccl ol prolrcrlr nvrr ,,\-l(). Chrrrrlni ( lrorrk, Dclhi shall nlrvrrvsvcst in tlte lrirst l)rrrly ltntl rr,ltcttcvel thc pirrlncrslrip is rlissolvecl ftrr any rcasoll\vliiltsocver, llrc Sccorrd Plrtl'shitll rlot bc cntitl(-(l 1o iltly riglrt. titlc or irrlcrest irr lheslllllc.

I l. 'l'hat tlre partrterslrill shall rtxtittlairt propcl books ot"nccounts irr tlre rrorrnal cottrse <-rf

business at the principal placc ol'its btrsirress arrtl tlre sarnc shlrll alrvays be opcrr forirrspcctiorr to lhc p;rrtlrers.

12. 'fhat tlre first accounting period of tlte plrtncrslrip shall close on 3lst March, 1985 and

thereafter lhe financial year sh:rll nrn liorn lst April every )/ear to 3lst March of the

subscqucrrt of thc Englislt Calcrrdrr13. That tlre bank accorrrrts of the parlrrership ancl/or its [rranchcs shall be operaled uncler the

sigr)lrttrrcs of arty of'thc prt tllct's.

14. That at tlre close ol'the accountirrg pcriod/1,ear, a tlial balarrce, profit arld loss account

and balance-sltect etc. shall be prepared nrrd the prolit and loss in the ratio enulneraled

abovc, shall be credited/ debited to the capitalaccount of the parlrrers.

15. That either of the parlics rvorrlcl not be errtitled to cany on sinrilar or competitive tiadeindividually or in partnership and in any other ntanner.

16. The partnership shall tre at Will. IIouevcr, rvhenevcr any parry intends to dissolve the

same or retire from the sanre, he shall give an advance notice of l5 days to the other

parly and during the period of notice. profit and loss acc,runt, balance slreets shall be

completed to finalize the accounts in betrveen the parties as rvell as rvilh the outsiders.

17. That irr tlre even of any dispule arising betrveen the partnership rvith respect to any

clause of this docuurerrt or the rvorking of the prrrtnership or for anything indicated

tlrereof, the sante shall be decided b;'arbitratiou irt accordance rvitlt the provisions of the

Arbitration Act and by no other process.

18. That in all other matiers not providcrl herein, the prrtnership shall be governed by ilte

Indian Partnership Act as applicable il',.lrtr tirlle to tinle.

IN WITNESS WHEREOF the parties have si!:ned this document on the date first above rvritten in

preseuce of the follorving witnesses.

SECOND PARTY

WITNESSES:

i.

2.

FIRST PARTYt )l_I

9tll*'t

Mr. Saksham Gahlot, 37 slo Mr. Sampat Gahlot rlo 75, Gulabi Nagar, Udaipur wishes toopen an outlet of Tanishq Jewellery at his shop bearing the address 73, Delhi Gate Udaipur.He needs a partner to invest capital in this venture. His friend Gopal Singh, 38 s/o Mr.Harpreet Singh r/o 254, Raja Park, Jaipur is willing to invest a capital of l2 lakh rupees in the

venture but due to other commitments he cannot play an active role in the partnership. He

wishes to be made a 50-50 partner and also receive a yearly interest of 2 lakh rupees for the

sum he has invested. The day to day responsibility of the whole set up would be borne by Mr.Saksiram Gahlot but would be open for inspection by the other party. Draft. a Partnership deed

for the t\vo parties.