Question

studies.
1. Tania and Suraj are qualified chartered accountant and lawyer respectively. They joined hands to
form a consultancy firm. They entered into a written agreement which specifies terms and
conditions that will govern their firm. They also got the firm registered. Both of them false part in
carrying the business activities. Their professional attitude helped them in gaining success within a
limited time.
Questions:
(a) Who governs lawyers in India?
(b) Which form of business organisation is referred to in the above case.
(C) What is the written agreement between Tania and Suraj known as? List any two terms of it. (d)
(D) Give two consequences of non-registration of a firm.​

Answer 1

Explanation:

a) BAR council.

b) Partnership.

c) Partnership deed.

d) 1. A partner cannot sue another partner.

2. The firm cannot find a suit against a third party.

Answer 2

Answer:

A. A partner of an unregistered firm cannot file a case against the firm or other partners

B. The firm cannot file a case against the partner of the firm.

C. The firm cannot file a case against the third party