Multiple choice

Which of the following is/are not the effect(s) of non-registration of a partnership firm?

  1. A person suing as a partner cannot sue the firm or co-partners.

  2. A partner cannot sue for dissolution of the firm or for accounts of a dissolved firm.

  3. The firm cannot sue a third party to enforce a right arising from a contract.

  4. The firm cannot claim a set off in a proceeding instituted against the firm.

  5. All of the above

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

Non-registration of a firm shall not affect the enforcement of any right to sue for the dissolution of a firm or for accounts of a dissolved firm or any right or power to realise the property of a dissolved firm.