Multiple choice

A partner of an unregistered firm can sue for ____ of the firm.

  1. goodwill

  2. share in property

  3. dissolution

  4. nothing

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The non-registration does not affect the following rights of a firm: (a) Suit for Dissolution (b) Right of an official receiver or official assignee (c) Right to Claim a set-off where the subject-matter of the suit does not exceed Rs. 100 in value.