Question

is the registration of firm is mandatory ? if a firm wish to follow the due process of registration of their firm, what steps they have to follow ? explain
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Answer 1

Answer:

The Partnership Act does not demand registration as a mandatory process that has to be adhered to. However, it is always advisable to register the firm under the act since it gives the firm other advantages that send an implied message of the act favouring registered firms than the unregistered.