Owing to non registration of the firm (i) no suit can be filed in a civil court by a partner against the firm or other partners, (ii) no suit in a civil court by firm against their partner, can not make claim of set off.
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True
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False
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Partly true
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Cannot say
A
Correct answer
Explanation
Section 69 of the Indian Partnership Act 1932 outlines the consequences of non-registration. It states that no suit can be filed in a civil court by a partner against the firm or other partners, and no suit by the firm against a partner can claim set-off. This is a significant penalty for failure to register. The answer True is correct because these are the exact consequences prescribed by law.