Difference between Company and Partnership

Difference Between Company and Partnership There are many ways to set up an entity in the business world. Two popular choices are partnerships and companies. A block is like a team-up, where a few people come together, agree on how…

What is a Partnership Deed?

What is a Partnership Deed? A partnership deed, a partnership agreement, is a written document among business partners. It's a preferred choice among entrepreneurs due to its many benefits. However, running a partnership business involves planning and risk. Disagreements, financial…

SPARSH

SPARSH The acronym SPARSH stands for Social innovation programme for Products: Affordable and Relevant to Social Health, is a programme authorised by BIRAC under the sponsorship of the Department of Biotechnology, Government of India. This scheme assists various social problems…

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 Deed Registration

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…

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…

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…

Assam Partnership Firm Registration

Assam Partnership Firm Registration The Indian Partnership Act, 1932 administer all partnership firms in India. Though it is not mandatory to register a  partnership firm, it is recommended that all partnership firms be registered for the following benefits. In this article,…

Partnership Firm Registration Maharashtra

Partnership Firm Registration Maharashtra A partnership firm is formed when a group of people join together in the pursuit of business. All partnership firms are formed in India under the Indian Partnership Act, 1932. In this article, we look at…