Punjab Partnership Firm Registration

Punjab Partnership Firm Registration Partnership firm registration is recommended for any association of people who join together for a purpose business purpose to share their profits. In India, all partnership firms are regulated by the Indian Partnership Act, 1932, and…

Addition and Removal of Partners

Addition and Removal of Partners Any slight changes made in the relationship between partners in a partnership firm would result in the reconstitution of the firm itself. Thus, whenever a new partner is introduced or when an existing partner is…

Rights and Duties of Partners in a Partnership Firm

Rights and Duties of Partners in a Partnership Firm The mutual relations between the partners of a firm comes into existence through an agreement between the said partners. This gives rise to mutual right and duties to every partner involved…

Partnership Firm

Partnership Firm The law relating to partnership firm in India is prescribed in the Indian Partnership Act of 1932. This Act lays down the rights and duties of the partners between themselves and other legal relations between partners and third…

Section 189: Dissolution of Partnership Firm

Section 189 Dissolution of Partnership Firm A partner may dissolve a partnership firm at any time. When any business or profession carried on by a firm has been discontinued, or where a firm is dissolved, an Assessing Officer would assess…

Sikkim Partnership Firm Registration

Sikkim Partnership Firm Registration Partnership and proprietorship are the two most common Indian business entity types. Establishing these two types of entities can be done easily when compared to setting up a Limited Liability Partnerships or Company. This is because…

Manipur Partnership Firm Registration

Manipur Partnership Firm Registration Partnership and proprietorship are the two most popular forms of Indian business firms. It is very easy to set up a partnership or a proprietorship because the number of statutory compliance required by these organisations are less…

Himachal Pradesh Partnership Firm Registration

Himachal Pradesh Partnership Firm Registration Partnership and proprietorship are considered to be the most popular forms of business organisations in India. These organisations can be easily set up and the number of statutory compliance that has to be done by…

Mizoram Partnership Firm Registration

Mizoram Partnership Firm Registration Partnership and Proprietorship are the most popular forms of business firms in India. This is because they are easy to set-up and the number of statutory compliance that is required to be accomplished by these firms…

Odisha Partnership Firm Registration

Odisha Partnership Firm Registration Partnership firm is a type of business entity in which two or more persons agree with a deed of partnership to share their profits as well as liabilities of the firm in a predetermined ratio. In…