Partnership Agreement Sample in Nepali

Partnerships are one of the most common business arrangements in Nepal. With this type of business structure, two or more individuals agree to work together to achieve a common goal. As with any business arrangement, it is important to have a clear and comprehensive partnership agreement in place. This agreement will outline the terms of the partnership, including each partner`s responsibilities, profit and loss distribution, and dispute resolution procedures. In this article, we will take a look at a sample partnership agreement in Nepali.

Before we dive into the sample agreement, it`s important to note that every partnership agreement is unique and should be tailored to the specific needs and goals of the partners involved. A partnership agreement should be drafted with the help of a lawyer or legal expert to ensure that it is legally binding and covers all necessary aspects of the partnership.

Sample Partnership Agreement in Nepali

Title: Partnership Agreement

Partners:

1. Name: [Partner 1 Name]

Address: [Partner 1 Address]

Phone number: [Partner 1 Contact Number]

Email: [Partner 1 Email]

2. Name: [Partner 2 Name]

Address: [Partner 2 Address]

Phone number: [Partner 2 Contact Number]

Email: [Partner 2 Email]

Purpose of Partnership:

The purpose of this partnership is to [insert purpose of partnership].

Capital Contribution:

Each partner shall contribute [insert amount] towards the capital of the partnership. The capital contribution shall be in the form of [insert form of contribution, e.g., cash, equipment, etc.].

Profit and Loss Distribution:

Profits and losses of the partnership shall be divided equally between the partners.

Responsibilities:

The partners agree to the following responsibilities:

– [Partner 1] shall be responsible for [insert responsibilities, e.g., management of finances, marketing, etc.].

– [Partner 2] shall be responsible for [insert responsibilities, e.g., production, operations, etc.].

Decision-making:

All decisions regarding the partnership shall be made jointly by the partners. In the event of a dispute, the partners agree to resolve the dispute through [insert dispute resolution procedure, e.g., mediation, arbitration, etc.].

Termination:

This partnership agreement shall terminate on [insert termination date] or upon the mutual agreement of the partners.

Conclusion

A partnership agreement is a crucial document that outlines the terms of the partnership and ensures that all partners are on the same page. This sample partnership agreement in Nepali can serve as a starting point in drafting your own partnership agreement. However, it is important to consult with a legal expert to ensure that your partnership agreement covers all necessary areas and is legally binding. With a solid partnership agreement in place, you can focus on growing your business and achieving your goals.