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What does the first party and second party mean in a company partnership deed?
What does the first party and second party mean in a company partnership deed?
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PGN Property Management, Real Estate & Documentation Consultant with 21+ years of experience 
Answered on April 04,2021
1st Party: Partnership firm
2nd Party: Partners of the firm
When we buy a stamp paper or register the partnership deed, it is important to mention the 1st party and 2nd party name. The 1st party refers to firm name and 2nd part refers to partner(s) name.
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