If registration is optional, who do partnership firm willingly go through this legal formality and get themselves registered? Explain.

Q4. If registration is optional, who do partnership firm willingly go through this legal formality and get themselves registered? Explain.

Ans.

  1. A partner of unregistered firm cannot file a suit against firm.
  2. The firm cannot file a suit against third parties and
  3. The firm cannot file a case against partners.

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