Question

The partnership deed should be properly drafted and prepared as per the provisions of the ______ and preferably registered with the ______.

पर्याय

• Indian Partnership Act 1932, Registrar of Companies.

• Indian Partnership Act 1932, Registrar of Firms.

• Stamp Act, Registrar of Companies.

• Stamp Act, Registrar of Firms.

Answer 1

The partnership deed should be properly drafted and prepared as per the provisions of the Stamp Act and preferably registered with the Registrar of Firms.

Explanation:

A partnership deed is a legal document that should be properly drafted as per the provisions of the Stamp Act for the payment of stamp duty. Although registration with the Registrar of Firms is not mandatory, it is recommended. This helps in establishing the partnership’s existence officially and ensures the partnership’s legal standing.