Multiple choice

Registration of a partnership firm is

  1. compulsory from the beginning

  2. not compulsory till first five years of beginning of the partnership

  3. not compulsory at all

  4. compulsory only if the Registrar of Firms gives an order in this regard
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Under Indian Partnership Act, registration of a firm is optional, not compulsory. However, an unregistered firm cannot enforce certain rights in court. Registration provides legal benefits but is not mandatory for forming or operating a partnership.

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