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The Notice of Addition or Removal of Partners is a document that is used to send a notice that a partner is being added or removed from an organization. This document is specifically designed for organizations that operate as partnership firms.
After registration, an organization may experience changes which include change of registered address and change of partners. For example, a firm that has only two partners at the beginning of the startup may want to add more partners or remove an existing partner. However, such changes must be registered at the corporate affairs commission (CAC).
How to use this document
This document requires the name of the partner that is sending this notice, the name and address of the organization, and the full names of the persons that will be added to or removed from the partnership business.
After completing this document, it should be printed and signed by the proprietor sending the letter. Note that for this change to become effective, it must be approved by the Corporate Affairs Commission (CAC). To obtain CAC's approval, this letter should be sent together with the following documents:
1. A duly completed form, specifying the admission or removal of partners.
2. Letter of consent if a new partner is being admitted.
3. Resignation letter or death certificate if an existing partner is being removed.
The party sending this letter can keep a copy for record purposes.
The Companies and Allied Matters Act, 2020 and CAC's Company Regulations apply to post-registration changes and filings.
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