This document is a Retirement Cum Amendment Deed executed on November 1, 2024, involving partners of the firm 'M/s. ALLDAYPROFIT SERVICES'. It outlines the retirement of a partner, the transfer of assets and liabilities to the continuing partners, and the new profit-sharing ratio. The deed confirms that the retiring partner will not be liable for any future claims or taxes related to the business after their retirement.
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All Day Profit Partnership Deed
This document is a Retirement Cum Amendment Deed executed on November 1, 2024, involving partners of the firm 'M/s. ALLDAYPROFIT SERVICES'. It outlines the retirement of a partner, the transfer of assets and liabilities to the continuing partners, and the new profit-sharing ratio. The deed confirms that the retiring partner will not be liable for any future claims or taxes related to the business after their retirement.
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Tinple Vini: i ie, :
Boorrs ‘Aci TELANGANA y 089734
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License SeadiP VERDOR
‘Le, No. 1510-0032018
RenNo,15-10.0802022
PLOT NO.943, EMT
RETIREMENT CUM AMENDMENT DEEp® 72 co.ow
MANDAL, RANGA REDDY
ISTRICT
THIS DEED OF ADMISSION CUM RETIREMENT DEED made and executed on 1*
November 2024 between:
4. Mr. MAHESH P.V, S/o Lokesh P,’aged 11 years, resident of D No. 216,
9Cross, Nearkannikakaveri Convent, Hebbal 1s Stage, Mysore 570017
(Herein after called as party of the First part).
'2. Sri. Lokesh P, S/o. Somaraju P, aged about 40 years, resident of D.No. 216
' 9'Cross, Nearkannikakaveri Convent, Hebbal 1s Stage, Mysore 570017
3. Smt. Lakshmi P w/o Lokesh P. aged 30 years, resident of D.No 216, 9Cross,
Near kannikakaveri Convent, Hebbal 15 Stage, Mysore 570017
4 RETIRINGPARTNER * GQNGAMHOHMSARAGEING PARTNERS
11, Maholhh PV. 1 Vdnwe
t ALON Designated Partner
: t
ALLDAYPROFIT SERVICES
(doi
1 (osbe> 1 e
Designated PartnerWHEREAS the Parties 1,2and 3 here-to-above are formed for the purpose of
doing Distribution business of Pearl Bottling Pvt Ltd for in and around
Rajahmundry area for its Cool Drinks, Mineral Water etc, under the name
and style of “M/s. ALLDAYPROFIT SERVICES” at Door No. Spring Villa, Villa
48, Nizampet, Hyderabad-500049 Telangana. They have constituted
themselves into Partnership Firm on 22-12-2016 under Indian Partnership
‘Act, 1932 We offer a diverse range of services across various sectors on a
global scale, supported by a team of seasoned professionals. Our operations
encompass both onsite and offshore services worldwide. We tailor our
services and consultancy to meet the specific needs of our clients, Software
development, updates, and maintenance services, Financial consultancy and
services, Mobile application development and related services, Interior
design and associated services, Film production services, including
scriptwriting, photography, casting, editing, and other related activities,
Revenue generation, contract management, and supply services, Supply and
services related to infrastructure and building materials, Pharmaceutical
services, Agricultural products, distribution, and supply services and any
other similar activities related to above.
WHEREAS
1. The retiring partner does not have any interest/ right in the business
carried on by the firm “M/s. ALLDAYPROFIT SERVICES” since the business
is taken over with all Assets and Liabilities as going concern.
2. That the Assets and Liabilities of the firm shall be taken over by the
continuing partners.
3. The retiring partner has no right on the Assets of firm and similarly is not
connected with future liabilities contracted by the firm that relate to
business carried after execution of this retirement deed.
4. The retiring partner shall not be liable for any loss, damage or Liability
that may emanate from the activities of firm carried after date of
retirement. Any Taxes, like GST, Income Tax and any other taxes that may
arise shall be borne by continuing partners similarly; any claim by third
party against firm shall be borne by the continuing partners.
RETIRING PARTNER ALLDA@NGENSAGGeADMITING PARTNERS
1 Mahetth &V- Pee
Designated Partner
ALLDAYPROPIE SERVICES ALORS iT SERVICES
3) Aovdian) 2+ :
(bebe 3
Designated Partner Designated PartnerWHEREAS after retirement of the First partner, the remaining partners herein
joined together to carry on business as going concern basis and all the terms &
conditions agreed by them as original partnership deed dated 22-12-2016
except Nature of business above, address change as above and profit sharing
ratio mentioned below:
1. Lokesh P : 90 Percent
2. Lakshmi P
TOTAL
: 10 Percent
100 Percent
This Retirement Cum Amendment Deed shall come into operation with effect
from 01s November day of 2024. This deed of Retirement and amendment is
executed with the free will and consent of all the partners.
eee ui GRIEROENNERMIAEAMITING PARTNERS
1. Maheshh f. 1. RO rere
ALLOA ee staves pesignated Partnehi .DAYPROFIT SERVICES
ssi =
ariner Designated Partner
WITNESSES:
1. P. Shiva keridhna oe Maheth-
(PoLAMARASETTI SHIVA eesnws) — (‘folanaeaseTT! Mahesh)
slate
Cc. SUBBA Ré AO
PY harany
ovocate