whether unregistered partnership firm can be sued by third party?
plz give case laws if any.
Adv. karinamishra (-) 09 June 2016
whether unregistered partnership firm can be sued by third party?
plz give case laws if any.
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 09 June 2016
The Supreme Court has quashed the law which debarred a partner of an unregistered firm in Maharashtra from filing a suit for dissolution of such a firm. The apex court also held as illegal the law prohibiting the partner to sue for accounts of the dissolved firm or realise properties of such dissolved firm, unless the duration of the firm was only six months or its capital was up to Rs 2,000.
Adv. karinamishra (-) 10 June 2016