REGISTRATION OF PARTNERSHIP

SREEKUMAR (Querist) 07 May 2009 This query is : Resolved
Is it mandatory that a firm should be registered under partnership act? if yes with whom?

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A V Vishal (Expert) 08 May 2009
Dear Srekumar,

Not necessarily. However, unless a partnership firm is registered with the registrar of firms, the rights of the partners inter se or against any third party cannot be enforced in a court of law. If the partnership deed itself creates, transfers or affects an interest in immovable property.

Swami Sadashiva Brahmendra Sar (Expert) 08 May 2009
not compulsory.

n.k.sarin (Expert) 08 May 2009
Mr.Vishal and Mr. Tripathi both are right.

Y V Vishweshwar Rao (Expert) 08 May 2009
Mr Vishal is right and it is not compulsory .

But the Firm to be registered with Registrar of Firms.

It is better to Register the Partnership Firm -As suggested by Mr Vishal there are certian legal rights!

adv. rajeev ( rajoo ) (Expert) 08 May 2009
I agree with R.Sivasubramanian. Firm can be regd., with Dist., Registrar of the Dist., who is also known as Regiatrar of Firms.

sanjeev murthy desai (Expert) 08 May 2009
i agree with the above views

MANISH (Expert) 08 May 2009
Dear friend,
I agree with the view of Mr. A V Vishal.
The registration of the partnership firm is not compulsory, but it is advantageous that the firm be registered.
The fees is a nominal one.
It can be registered with the Sub-Registrar's office where the Head office of the Firm is intended.

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