Question

procedure of winding of partnership firm

Answer 1

ANSWER

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The registration of partnership is not legally compulsory. The partnership act, 1932 provides that if the partners so desire, they may register their firm with the registrar of firms of the state in which partnership is situated.

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Procedure for registeration :- The registration of a firm is a simple process. In order to get itself registered, a partnership firm must submit a statement in a prescribed form along with prescribed fee to the registerar of firms.

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