Collateral Trust Agreement between Partners

Appoint an arbitrator to handle disputes arising between members of an Indian partnership with this template Arbitration Agreement Between Partners.

• Referral to Arbitrator. The parties will refer all of their disputes regarding the partnership to the arbitrator.
• Division of Assets. The arbitrator will decide how to divide the partnership assets upon dissolution of the partnership.
• Debts and Liabilities. The arbitrator will also make provision for payment of the partnership’s debts and liabilities.
• Inspection of Records. The arbitrator has the power to have an accountant inspect the books and records of the partnership.
• Failure to Participate. If any partner refuses to participate, the arbitrator has the power to proceed against that party in his or her absence.

This India Arbitration Agreement Between Partners is available as a downloadable MS Word document, and is easy to customise with specific terms and conditions.

Are you selling your interest in a business partnership, or buying out a partner's interest? This Guide to Partnership Buyouts can assist you in structuring the transaction.

• why business partners fight,
• the role partnership agreements play,
• how to avoid disputes when the partnership terminates or a partner leaves,
• a comprehensive checklist for buying out a partner.

If you're a partner, you need to get a copy of the Guide to Partnership Buyouts.

Before you buy out your partner's interest in your business, read this 6-page checklist of issues you need to consider, such as:

• valuation and financial status of the partnership business;
• alternatives to a buy-out;
• preservation of the value of the partnership;
• setting the purchase price;
• financing;
• tax and legal issues.

Buying out a partner can be difficult and stressful. The Partnership Buyout Checklist is a handy tool to help you work through the process. Download yours today.