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. “Registration of partnership firm is not compulsory but it is advisable” – Explain. |
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Answer» ong>Answer: Registration of a partnership firm PROVIDES a conclusive proof of an on-going business; however, it is not COMPULSORY and the partnership firm cannot enjoy the PRIVILEGE of many benefits. ... A partner cannot file a SUIT against the firm or other partners. The firm cannot file a case against the partners and third PARTIES. |
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