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DEED OF RECONSTITUTION
AND
(1)M/s Ashmin Minerals Pvt. Ltd., a company incorporated under the
companies Act, 1956, having its registered office at 276, Lawerence
& Mayo Bldg, 2nd Floor DN Road, Fort , Mumbai 400001 ; both
collectively hereinafter referred to as the INCOMING
PARTNER(which expression shall unless it be repugnant to the
context or meaning thereof be deemed to mean and include his
respective executors, administrators, successors and permitted
assignees) Second partner.
AND
WHEREAS the continuing partner & and the retiring partners are
cerrying on the business of mining, excavation, processor & Exporters
of Bauxite under the firm and name of M/s MANOHAR DARYAYANI
(the said firm) as per Partnership Deed dated 11th November 2014;
AND WHEREAS the accounts in relation to the said firm as on 1st April
2016 has been mutually made up, adjusted and approved by and
between the continuing partner and Retiring partners;
AND WHEREAS w.e.f. 1st April 2016 said firm along with the
goodwill and all its assets including trade name, benefit and any
contract, agreement and liabilities specified hereunder shall belong to
and be carried on jointly by the Continuing Partners and that the said
firm shall be treated as the reconstituted firm. In the premises
aforesaid, the parties hereto have agreed to record the terms and
conditions hereafter appearing .
NOW THIS INDENTURE WITHNESSETH AND IT IS HEREBY
AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS:
2. The Retiring partners of the Third Part agree to retire from the
said firm w.e.f. 1st April 2016.
5. The Retiring partners hereby confirm that they have handed over
all Books of accounts & records of Partnership firm to continuing
partners and Continuing partnersdo hereby confirm that they
have inspected & received all books of accounts & records
handed over them by Retiring partner.
6.