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Discussion > Business Law > Partnership > Steps and Fees for registering pertnership firm in mumbai   Unanswered Threads Post New Topic

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There are 4 Replies to this message


Ratan


bbb
[ Scorecard : 28]
Posted On 15 February 2010 at 19:29 Report Abuse

Hello


Can you please tell me the steps and cost  and duration for registering a partnership firm in mumbai?

Can the name of a partnership firm be like "XYZ Pvt. Ltd" ? is that a correct notation?

 

Thanks



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A V Vishal


Advocate
[ Scorecard : 19903]
Posted On 15 February 2010 at 22:25 Report Abuse

Can the name of a partnership firm be like "XYZ Pvt. Ltd" ? is that a correct notation?

No, only companies registered under the Companies Act can use the words Pvt ltd or ltd words as a suffix, a partnership cannot use it.

Can you please tell me the steps and cost  and duration for registering a partnership firm in mumbai?

 

Procedure for Registration of a Partnership Firm Previous Page
spacer
  • The law relating to a partnership firm is contained in the Indian Partnership Act, 1932.

  • Under Section 58 of the Act, a firm may be registered at any time ( not merely at the time of its formation but subsequently also ) by filing an application with the Registrar of Firms of the area in which any place of business of the firm is situated or proposed to be situated.

    • Application shall contain:-
      • name of the firm
      • place or principal place of business
      • names of any other places where the firm carries on business.
      • date on which each partner joined the firm
      • name in full and permanent address of partners.
      • duration of the firm

    • Application shall be signed and verified by all the partners or their duly authorized agents.

    • Application shall be accompanied by prescribed fee as well as the following documents:
      • Prescribed Registration Form for Incorporation of a Company. (Form No. 1)
      • certified true copy of the Partnership deed entered into.
      • ownership proof of the principal place of business

    • Name of the firm should not contain any words which may express or imply the approval or patronage of the government except where the government has given its written consent for the use of such words as part of the firms name.

  • Under Section 59 of the Act, when the Registrar of Firms is satisfied that the provisions of section 58 have been duly complied with, he shall record an entry of the statement in the Register of Firms and issue a Certificate of Registration.


Ratan


bbb
[ Scorecard : 28]
Posted On 15 February 2010 at 22:29 Report Abuse

Hello Vishal

 

Thanks for your reply. I appreciate it

I am primarily interested in knowing the cost involved in this process of registration. Would be great if you tell me that

 

Thanks



A V Vishal


Advocate
[ Scorecard : 19903]
Posted On 15 February 2010 at 23:28 Report Abuse

I'M FROM HYDERABAD, HERE THE COST INCLUDING THE STAMP DUTY , REGISTRATION CHARGES & EXPENSES & PROFESSIONAL FEE IS 5,000, AS  IN MUMBAI I AM NOT SURE YOU NEED TO CONTACT A LOCAL CONSULATANT 


Ratan


bbb
[ Scorecard : 28]
Posted On 15 February 2010 at 23:34 Report Abuse

Thanks so much




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