as regards the consequences of non registration of a company which statement is not applicable
Answers
Answered by
5
Answer:
No suit to enforce rights under the Act.
No suit to enforce rights against any third party.
No proper relief.
Partners cannot bring legal action against each other.
Powers which are given to the unregistered firms.
Answered by
0
Answer:
As non-registration means that the company doesnt have a legal status in the eyes of the law. Registration of a firm is not mandatory but it has various advantages and disadvantages.
Explanation:
Consequences of non registration of a Company
- The company cant file a suit in civil court against third party.
- Third party can sue the firm
- Partners cannot take legal actions against co-partners.
- No proper relief can be given is case of grivences.
Similar questions