Case Study: Legal Importance & Sanctity of Registered Partnership Firms
The partnership deed was not carrying the pre-requisite clauses which are inevitable and necessary for any partnership.
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The Querist along with one of his close friend had started their partnership firm, whereby a partnership deed was prepared and was executed, but was not registered. The partnership deed was not carrying the pre-requisite clauses which are inevitable and necessary for any partnership. The duo were also not having proper registrations with their respective State’s Shops & Establishment Act and were running their partnership in a most unprofessional manner. Read more
