Notice Of Dissolution Of Partnership 1410 - Legal Draft
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Notice of Dissolution of Partnership
[Section 45(2) of the Indian Partnership Act 1932]
[Section 45(2) of the Indian Partnership Act 1932]
Notice is hereby given that the partnership heretofore subsisting between the undersigned AB of, etc., and CD of, etc., carrying on business of (or, as) etc., at, etc., under the firm name of, etc., has been dissolved by mutual consent (or by effluxion of time, or, by the death of the said CD) as from the.............. day of.............(if the business is to be continued, add) so far as the same concerns the said CD who has thus ceased to have any interest in the said business.
All debts due to or by the said firm will be received and paid respectively by the said AB who will continue to carry on the said business on his sole responsibility under the same old firm name (or under the new firm name of, etc.).
Date AB