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प्रश्न
If registration is optional, why do partnership firms willingly go through this legal formality and get themselves registered? Explain.
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उत्तर
Although registration in case of a partnership firm is optional yet many firms voluntarily opt for it. This is because of the various legal disadvantages associated with non-registration. A few of these disadvantages are listed below.
(a) The partners of a non-registered firm cannot file a suit against a third party; however, non-registration of a partnership firm does not prevent other firms from suing it .
(b) The firm cannot file a case against any of its partners. Similarly, a partner of a non-registered firm cannot file a case against his or her co-partners or the firm.
(c) A non-registered partnership firm cannot enforce its claims against a third party in a court.
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संबंधित प्रश्न
Statement with reasons whether the following statement is True or False
In a partnership firm, the liability of partners is unlimited.
State the registration procedure for a partnership firm
Select the proper option from the options given below and rewrite the completed sentence.
Registration of partnership firm is ________ in Maharashtra.
Select the proper option from the options given below and rewrite the completed sentence.
In partnership firm the liability of partners is ________.
Select the proper option from the options given below and rewrite the completed sentence.
In a partnership firm every partner is the principal as well as the ________.
Select the proper option from the options given below and rewrite the completed sentence.
At least ________ persons are required to form a partnership firm.
Distinguish between the following.
Partnership firm and Joint Stock company
Write short note on the following.
Merits of a partnership firm
Write short note on the following.
Type of partnership firm.
Write short answer of the following.
State the Registration of partnership and its procedure.
Explain the types of a partnership firm?
