CBSE Class 11-commerce Answered
State 4 consequences or effects of
non-registration of a partnership firm.
Asked by Topperlearning User | 17 Jun, 2016, 05:21: PM
Expert Answer
The consequences or effects of non-registration of a partnership firm are
- An unregistered firm partner cannot file a case against a partner for his/her misdeeds such as deceit or theft
- A partner cannot file a case in the court against any other partner for the protection of his/her interest
- An unregistered firm cannot file a case against a third party for legal protection However, the third party can file a case against the unregistered firm for redressal of their grievances
- A partner cannot file a case against the unregistered firm to redress his or her grievances, if any
Answered by | 17 Jun, 2016, 07:21: PM
CBSE 11-commerce - Business Studies
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Asked by Topperlearning User | 27 Jun, 2016, 02:47: PM
ANSWERED BY EXPERT