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प्रश्न
If registration is optional, why do partnership firms willingly go through this legal formality and get themselves registered? Explain.
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.
Write a word or a phrase or a term which can substitute the following.
A partner in partnership firm who takes active participation in day to day work.
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?
