registration of partnership deed
Querist :
Anonymous
(Querist) 04 November 2015
This query is : Resolved
hello, I submitted all the required documents, including the copy of notarized partnership deed on Rs.150 stamp paper, along with the fees to the Registrar of Firms one year ago, they gave me the Challan(the money receipt)...... now until they give me the Certificate, are the Challan of the Registrar of firms and my notarized partnership deed good enough documents to do things.....
Querist :
Anonymous
(Querist) 04 November 2015
I missed the hearing as I didn't know about it in the registrar of firms, almost a year ago, I have the notarized partnership deed and the Challan of the Registrar of Firms, is this good enough until I get the certificate, as I have heard that it practically or ironically, takes years to issue the certificate ....... please any opinion on this matter
P. Venu
(Expert) 04 November 2015
Why you want to remain anonymous?
Querist :
Anonymous
(Querist) 04 November 2015
please do suggest what to do?
Querist :
Anonymous
(Querist) 05 November 2015
then why is the option given while posting? strange.... Anyway my name is A. Gupta, I'm from Kolkata, now please any suggest what to do in above mentioned situation, any opinion is appreciated....thank you
Querist :
Anonymous
(Querist) 05 November 2015
then why is the option given while posting? strange.... Anyway my name is A. Gupta, I'm from Kolkata, now please any suggest what to do in above mentioned situation, any opinion is appreciated....thank you
Anirudh
(Expert) 05 November 2015
Approach the Office of the Registrar of Firms and enquire and try to get the certificate of registration.
Please remember, registration of partnership is optional and not compulsory.
But unregistered partnership has certain legal disadvantages. The main disadvantage is that while the outsiders i.e. your customers and others will be able to SUE you in a Court of law, you will not be able to do the same against them. (Even by entering into any valid Agreement, in case of any dispute, you will not be able to take any legal action against the other parties).
Keeping this in view, you have to act - whether to proceed with your agreement or to first obtain the registration of the firm. Decision is yours.
