Rajiv and Ramesh entered into a verbal agreement to form a firm. They agreed to share its profits. Their business was running smoothly. One day a dispute arose between Rajiv and Ramesh regarding the profit sharing ratio. Rajiv decided to move the court and enforce his rights against the firm and Ramesh. Will Rajiv succeed ? Give reasons in support of your answer.

Rajiv and Ramesh entered into a verbal agreement to form a firm. They

1.	Rajiv and Ramesh entered into a verbal agreement to form a firm. They agreed to share its profits. Their business was running smoothly. One day a dispute arose between Rajiv and Ramesh regarding the profit sharing ratio. Rajiv decided to move the court and enforce his rights against the firm and Ramesh. Will Rajiv succeed ? Give reasons in support of your answer.
Answer» No, Because the firm is not registered and the partners of an unregistered firm cannot enforce their rights against the firm and other partners.

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