Dissolve a Partnership Firm
A partnership firm is dissolved by the partners themselves through a dissolution deed, not by the Ministry of Corporate Affairs. The dissolution is then recorded with the state Registrar of Firms, and the firm's accounts are settled and its assets distributed in line with the deed.
What this filing does
A partnership firm is dissolved by the partners themselves through a dissolution deed, not by the Ministry of Corporate Affairs. The dissolution is then recorded with the state Registrar of Firms, and the firm's accounts are settled and its assets distributed in line with the deed.
The dissolution deed is drafted, the change-form is filed with the Registrar of Firms, and a closure pack is issued covering the firm's GST, import-export code (if any), bank account, and other operating registrations.
Common reasons founders engage this
- All partners agree to dissolve the firm by mutual consent.
- The fixed term of the partnership has ended.
- The venture the firm was set up for has been completed.
- A partner has died or become insolvent, and the deed treats that as a dissolution event.
Documents you will need to send
Most of these can be scanned or photographed from your phone. Everything required is listed in the checklist sent the same day, so nothing is collected later as a surprise.
- The existing Partnership Deed and any supplementary deeds.
- A final balance sheet showing assets, liabilities, and each partner's capital.
- A settlement statement showing how the assets and liabilities are to be distributed.
- PAN of the firm, and GST and other registration certificates.
How it works
- 01.
Dissolution deed drafted
Day 1–4The dissolution deed is drafted to reflect the settlement agreed between the partners. All partners review and confirm the wording.
- 02.
Stamping and signing
Day 4–7The deed is stamped at the state's rate and signed by every partner.
- 03.
Filed with the Registrar of Firms
Day 7–21The change-form is filed with the Registrar of Firms recording the dissolution. The GST cancellation, IEC closure, and bank account closure are run as parallel tracks.
- 04.
Closure pack issued
Day 21+The final dissolution acknowledgement from the Registrar lands in your dashboard, along with closure receipts for each operating registration.
Our fee
₹5,000
Per firm. Closure of operating registrations (GST, IEC, Shop Act) is handled as part of the engagement.
What you receive
- Stamped, signed dissolution deed.
- Filed change-form with the Registrar's acknowledgement.
- GST cancellation order, IEC closure, and bank account closure receipts.
- i.
Fill the online form
Save and resume anytime. No pressure to finish in one sitting.
- ii.
Review the scope and fee
The exact all-in fee, the timeline, and what's included appear together before any payment.
- iii.
Filing begins
Your dashboard tracks every step. Every form is signed and certified by a Practising Company Secretary.