Question

is registration compulsory in partnership firm? ​

Answer 1

No.Registration is not legally compulsory in partnership firms as registration can provide many unnecessary advantages to the firms.

Answer 2

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•Registration of partnership firm is useful to the firm, to Its partners as well as outsiders.

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•The firm can file suits to enforce it's rights in a court of law.

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•A new Partner can obtain information about the form the Registrar's office before joining the firm.

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•A retiring partner can escape from liability after retirement by informing the Registrar.

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•He need not give a public notice of his retirement.

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•Outsiders or third parties can obtain necessary information about the firm before dealing with it.

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