Get your partnership firm dissolved legally with expert assistance starting just at INR 1999/- only.
Trusted by 5000+ clients across India for dissolution of a firm, business closures, and compliance services.
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When partners decide to end their business operations, they must legally close the partnership through a dissolution of the partnership firm. This process officially ends the agreement between partners and settles accounts, assets, and liabilities.
The dissolution of a firm can happen due to mutual consent, expiry of a fixed term, completion of a project, or legal reasons such as insolvency. It ensures that the firm’s name is removed from official records and that no partner remains liable for future obligations.
At Ebizfiling, we help businesses prepare the dissolution deed, file the required forms with the Registrar of Firms, and guide partners through legal settlement. Our experts make sure that the process is smooth, compliant, and risk-free.
Legally closes the business to avoid future liabilities.
Ensures proper settlement of assets and debts among partners.
Protects partners from legal disputes after closure.
Clears official records with the Registrar of Firms.
Allows partners to focus on new ventures without obligations
Ebizfiling provides expert support in drafting, filing, and completing the dissolution of a firm. We guide partners on preparing dissolution deeds, legal settlements, and notifying authorities. With affordable packages, timely execution, and trusted service, we make the dissolution of partnership firm simple, accurate, and stress-free. We also provide Strike off LLP, Strike off Company & Strike off OPC expert services. o know more about this service you may get in touch with our compliance manager on 09643203209 or email info@ebizfiling.com for free consultation.
(All Inclusive)
(All Inclusive)
(All Inclusive)
Partners are released from future debts and obligations, protecting them from unwanted claims.
Assets and liabilities are divided fairly according to the dissolution deed, avoiding disputes.
The firm’s name is removed from the Registrar, providing legal proof that the business no longer exists.
All legal filings and requirements are completed, which helps to prevent future penalties.
Partners are free to start new ventures without any lingering obligations from the previous firm.
Professional assistance ensures the dissolution is carried out smoothly and efficiently, saving partners valuable time.
Partnership Deed
Dissolution Deed signed by all partners
Identity proof of partners (PAN/Aadhar)
Address proof of partners
Firm PAN card
Latest financial statements (if available)
Draft & sign dissolution deed
Get partner approval
File forms with Registrar
Clear liabilities and assets
Receive closure confirmation
Our experts draft the deed as per legal norms. Partners review and sign to formally begin the closure.
We prepare and submit required forms to the Registrar using DSC. All filings are verified for accuracy.
On approval, the Registrar issues official closure confirmation. Your Compliance Manager shares it promptly.
It is the legal closure of a partnership business. When a firm is dissolved, the partnership agreement ends, the firm stops its operations, and its name is removed from official records.
In retirement, only one partner leaves while the firm continues with others. In dissolution, the entire firm closes, and all partners stop operating together.
Yes. While most firms close by mutual agreement, a court can also order dissolution if there is misconduct, insolvency, or incapacity of a partner.
A dissolution deed is proof that all partners agreed to close the firm. It records how assets and liabilities are settled, preventing disputes in the future.
Any partner can initiate the process. However, it is usually done jointly by all partners to ensure smooth closure and faster approval.
The most common reasons include mutual agreement, expiry of the firm’s fixed term, completion of a specific project, insolvency of partners, or an order from the court.
Firm assets are first used to clear debts and liabilities. The remaining balance, if any, is distributed among partners based on the profit-sharing ratio mentioned in the partnership deed.
Liabilities such as loans or dues must be cleared before the closure is final. Partners are jointly responsible for ensuring all debts are settled.
Yes. To legally end the firm, a notice must be filed with the Registrar of Firms. Only then will the firm’s name be officially removed from records.
Yes, if there are valid grounds like misconduct or incapacity, a partner can approach the court to order dissolution even without unanimous consent.
The process usually takes 2–4 weeks, depending on document preparation, partner approvals, and processing time at the Registrar of Firms.
In most states, a public notice is recommended so creditors and third parties are aware of the firm’s closure and cannot raise future claims.
If the firm is not dissolved properly, partners may still be held responsible for liabilities and can face legal disputes even after stopping business.
If the firm’s assets are insufficient to clear debts, partners may need to use personal funds since partners have unlimited liability in a general partnership.
The key documents include the partnership deed, a duly signed dissolution deed, PAN card of the firm, identity/address proof of partners, and latest financial statements.
The dissolution deed clearly states how assets and liabilities are divided, how outstanding accounts are settled, and confirms that the firm is closing with mutual consent.
No. Once a firm is dissolved, it cannot be revived. Partners will need to form a new partnership firm if they want to start working together again.
Yes. Apart from notifying the Registrar, firms must also cancel GST registration, PAN-based registrations, and inform the Income Tax Department to avoid penalties.
Yes, it is a good practice to inform all stakeholders. This avoids confusion, clears dues, and ensures a smooth handover of accounts and obligations.
Ebizfiling helps draft the dissolution deed, prepares and files forms with the Registrar, ensures proper settlement of assets and liabilities, and guides you through every step until your firm is legally closed.
Get your partnership firm dissolved legally with expert assistance starting just at INR 1999/- only.
Trusted by 5000+ clients across India for dissolution of a firm, business closures, and compliance services.
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