NO OBJECTION CERTIFICATE
(For Admission of a New Partner)
We, the existing partners of M/s [Firm Name], a partnership firm carrying on business at [Firm Address], do hereby declare as follows:
- We have collectively agreed to admit [New Partner Name] as a partner of the firm with effect from [Effective Date].
- We have NO OBJECTION to the said person being inducted and to the consequent reconstitution of the firm and revision of the profit-sharing ratio as mutually agreed.
This certificate is issued with our free consent for execution of the reconstituted Partnership Deed and updation of records with the Registrar of Firms and the Income-tax authorities.
___________________
[Partner 1 Name]
Existing Partner
[Partner 1 Name]
Existing Partner
___________________
[Partner 2 Name]
Existing Partner
[Partner 2 Name]
Existing Partner