Partnership is a form of business organization, where two or more persons join together for jointly carrying on unit business. It is an improvement over the ‘Sole – trade business ‘, where one single individual with his own resources, skill and effort carries on his own business.
Partnership business will be handled based on the Mutual Acceptance Agreement with two or more persons.
Any out of agreement changes or contractual requirements should not be made unless the Partnership is informed and approve the changes.
Extent of Partnership BU business sustainability and continuity will be under scope of Contract Acceptor i.e. SP Calibration Labs. New firm will be also accepted to do the Partnership business wherever it’s applicable