Business Studies, asked by jviki9583, 5 months ago

According to Partnership Act, 1932, it is not compulsory for a partnership firm to get itself registered, then why do partners prefer to get the firm registered?

Answers

Answered by mehulnawal2980

Explanation:

Nevertheless, partners prefer to get the firm registered to overcome the following limitations: (i)The partner of an unregistered firm cannot file a suit against any other partner to settle the disputes. (ii) he partner of an unregistered firm cannot file a suit against the partnership firm

Answered by harshid710

Answer:

Partnership firm can be registered by sending an application in Form No. 1. Along with the form, requisite fee and a true copy of the partnership deed also needs to be sent to the Registrar. Such an application needs to be filed with the Registrar of Firms of the area in which business is located.

Explanation:

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