Affidavit of Resignation by a Partner Affidavit

Affidavit Template - Action Required
This is a professionally drafted affidavit template only. You must have it sworn and stamped by a Commissioner for Oaths or Notary Public after purchase.

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After download, take this document to a Commissioner for Oaths or Notary Public for swearing and stamping.

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Document Overview

An Affidavit of Resignation by a Partner is a sworn legal document made by a partner in a business or professional firm (registered under the Partnership Act, 2012 or otherwise) declaring that they are resigning from the partnership.

It is sworn before a Commissioner for Oaths or Notary Public and serves as formal evidence of resignation.

It normally includes:
1. The partner’s personal details (name, ID, address).
2. The name of the partnership.
3. The admission date and the effective resignation date.
4. A declaration that the partner is giving up all rights, roles, and responsibilities in the firm after resignation.
5. Confirmation that liabilities before resignation remain acknowledged.

Purpose
1. It acts as proof that a partner has lawfully withdrawn from a partnership.
2. It clearly sets the date when their rights and obligations in the firm end, avoiding future liability.
3. It prevents disputes by ensuring there is a sworn declaration of resignation.
4. It may be presented to the Registrar of Companies or relevant authorities to update the firm’s records.
5. Since it is sworn under oath, it carries legal weight in case of disputes or litigation.

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Affidavit of Resignation by a Partner Affidavit

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