Q. explain the advantage of registration of partnership firm?
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The major advantage of registration is that a partner of registered partnership can sue the co-partners and as well as the firm in case of dispute. The registered firm can also sue third parties as well as any of its partners in its own name to enforce its claim.
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The major advantage of registration is that a partner of registered partnership can sue the co-partners and as well as the firm in case of dispute. The registered firm can also sue third parties as well as any of its partners in its own name to enforce its claim.
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