Question

Sukhdev doing? Write any two service that Sukhdev is giving to his clients like Sulekha.
15. If registration is optional, why do partnership firms willingly go through his legal
formality and get themselves registered? Explain​

Answer 1

Explanation:

Sukhdev has a shop in Chandni Chowk he keeps stock of ladies suits of three or four manufacturers Sulekha Sharda and aayat are few of his clients to whom he sells in small quantities.they further sell the suits to their customer what type of trade is Sukhdev doing write any two services that Sukhdev is giving to a client like Sulekha

Answer 2

Answer:

Registration of partnership firm means recording of the firm's name and its relevant prescribed particulars, in the Register of firms kept with the Registrar of firms. It provides conclusive proof of the existence of a partnership firm. It is optional for a partnership firm to get registered still most of the partnership firms voluntarily get themselves registered as in case of non-registration, the firm has to face the following consequences (i) A partner of an unregistered firm cannot file a suit against the firm or other partners. (ii) The firm cannot file a suit against third parties. (iii) The firm cannot file a case against the partners. Hence, to avoid these disadvantages, partnership firms register themselves.

Explanation: