Multiple choice

Non - registration of a partnership firm

  1. is a criminal offence

  2. renders the partnership illegal

  3. is compulsory to activate the partnership

  4. is not compulsory but desirable
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Registration of a partnership firm is NOT compulsory under the Indian Partnership Act, 1932. A firm can operate legally without registration. However, registration is desirable because an unregistered firm cannot enforce certain legal rights in court - it's a strategic protection, not a legal requirement.

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