deed of parnership

rucha (Querist) 10 October 2009 This query is : Resolved
partnership deed was unregistered in 2000 on a 500 rs.stamp paper .but now i wan to notarised it with the same stamp paper.can it be possible to notarised it with same document.

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Sachin Bhatia (Expert) 10 October 2009
No, it can not be registered. The validity of stamp paper is expired.

A V Vishal (Expert) 10 October 2009
A Notarised partnership deed? what is the purpose. Per se as per the Partnership act a deed need not be registered however in order to overcome legal infirmities a partnership firm must be registered, there is no provision in the act to get the deed notarized and there is no legal importance to such notarization.

PJANARDHANA REDDY (Expert) 10 October 2009
MR. VISHALJI ADVICE IS CORRECT

A.P.Manoranjan (Expert) 10 October 2009
I agree with Mr.Vishal.

Raj Kumar Makkad (Expert) 10 October 2009
I also agree with Vishal.

adv. rajeev ( rajoo ) (Expert) 11 October 2009
Partnership deed cannot be notariesed, it is to be registered. It is registrable doucment. If it is unregd., then your p'ship firm will be treated as unregd., firm.

Adinath@Avinash Patil (Expert) 11 October 2009
I AGREE WITH VISHAL

Sarvesh Kumar Sharma Advocate (Expert) 11 October 2009
agree with rajeev's view.

A V Vishal (Expert) 12 October 2009
Rajeev

No where in the Indian Partnership Act or the Registration Act it is mentioned that a partnership deed is registrable, however a firm if unregistered has some legal infirmities hence it is advisable to register the firm and not the deed.

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