The Indian Partnership Act, 1932 - [Unit - 3]. Flashcards
1
Q
Consequence of Non - Registration.
A
[Section 69] - No suit in a civil court by the firm or other co-partner against the third party.
2
Q
Consequence of Non - Registration.
A
No relief to partners to set-off of claims.
3
Q
Consequence of Non - Registration.
A
Aggrieved partner cannot bring legal action against other partner or the firm.
4
Q
Consequence of Non - Registration.
A
The third party can sue the firm.