Give any one consequence of non-registration of a partnership firm.
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●●the Indian Partnership Act, 1932●●
has no such compulsions for firm registration and no fines for non-registration either. However, under Section 69 of the Act, certain disabilities are imposed on non-registered firms.
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Hey mate,
The consequence of Non-Registration of a Partnership firm.
No suit against any third party = an unregistered firm cannot sue a third party to enforce a right arising from a contract.
Hope it helps!
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