Partnershipwala

The provision relating to registration of firms are being covered under the section 56 to 71 of the Indian Partnership Act, 1932. Registration means to get the partnership firm register with the Registrar of Firms. Before the enactment of the partnership Act, there was no provision for the registration of the partnership firms in India and as such the third party faced difficulty to prove the existence of partnership and claim against all the member s of the firms. Thus the provisions relating the registration were included under the Indian partnership Act 1932. This present act made the registration entirely at the discretion of the partner. Under the partnership act, it is not necessary for every partnership firm to get itself registered. But the under registered but and under registered firms suffers form a number of disabilities