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6. That the head office of the partnership business will be based at Dhaka and
branch office or offices if there be any to such other place or places in
Bangladesh as may be considered convenient by them from time to time.
7. Profit and Loss:
The net profits of this partnership shall be divided equally between the partners
and the net losses shall be borne equally by them. A separate income account
shall be maintained for each partner. Partnership profits and losses shall be
charged or credited to the separate income account of each partner. If a partner
has no credit balance in their income account, losses shall be charged to their
capital account.
8. Salaries and Withdrawals:
Neither partner shall receive any salary for services rendered to the partnership.
Each partner may, from time to time, withdraw the credit balance in their income
account.
9. The partners have been agreed that the banking transactions of this business
shall be done to any scheduled bank of Bangladesh. The bank account can be
independently operated by the signatory of any of one individual partner of
Ahmed Impex Enterprises.
10.That any partner who is authorized in writing by all partners shall be entitled to
sign tenders, quotations, petitions, bills, vouchers, invoices, claims individually
on behalf of the partnership firm.
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11.That any partner may retire from partnership voluntarily but he shall have to
give 90 (ninety) days notice thereof in writing to the another partner intimating
his intention to retire and within 90 (ninety) days of such notification the assets
and liabilities of the partnership business shall valued according to the books of
accounts of the partnership firm and the share of the outgoing partner shall be
determined in accordance with the terms and conditions of the Deed of
partnership and such share of the retiring shall be paid off out of the assets of
the partnership firm three months from the termination of the share of the
outgoing partner. Such retirement shall not terminate the partnership business.
12.That in case of death of any individual partner, the legal heirs of the deceased
partner may step into the shoes of the respective partner without disturbing the
partnership business and if the legal heirs of the deceased partner are not willing
to continue the partnership business, the final account of the assets and
liabilities of the firm shall be made within a period of 6 (six) months from the
date of such death and the legal heirs of the deceased partner shall be paid their
share of the partnership business in accordance with the result of such according
and after its settlement their claim in the partnership shall be ceased.
13.That Mr. Khairuddin Ahmed is elected as the Managing Partner of Ahmed Impex
Enterprises with the consent of all other partners.
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In WITNESS WHEREOF the said parties to these presents have hereinto set and
subscribed there respective hands, the day, month, and the year first above written.
Signature of Partners
____________________________________
____________________________________
Witness 1:
1. KHAIRUDDIN AHMED,
MANAGING PARTNER
____________________________________
____________________________________
Witness 2:
2. TANVIR AHMED,
MANAGING PARTNER
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Signature of Partners
____________________________________
3. AYESHA KHATUN
MANAGING PARTNER
____________________________________
4. TANZIMA SHIFAT
MANAGING PARTNER
____________________________________
5. NAZMA PARVIN LUBNA
MANAGING PARTNER
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