About this document:
We do not wish for those circumstances to arrive, however, you need this document to formalize the dissolution of a partnership and for safeguarding the interests of the partners, after the partnership has seized to exist and that painful decision has been finally taken.
Who will use this document?
Existing partners in a business that was started in partnership and being would up now. Suitable for any partnership business irrespective of size or industry.
Key features:
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very flexible to suit most partnership dissolutions;
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suitable for any type of business;
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extensive explanatory notes.
This document includes provision for:
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setting out the basic partnership now;
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dissolution now or at a date in near future;
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sale of business as a going concern; other options on request;
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recording the assets and liabilities;
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partners may buy assets individually;
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disposal of remainder of assets;
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accounts and distribution;
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efficient procedures;
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Banking arrangements;
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Recovery of outstanding dues;
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Publicity;
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Admitted and non-admitted liabilities;
