Is Registration necessary if a firm is dissolved ?
P.Muthusamy
(Querist) 21 January 2009
This query is : Resolved
We five brothers were running a partnership firm ( Hotel Business) bequeathed by our father by a will.
The firm was dissolved after running it for fourteen years, after signing a deed of dissolution which was not registered.
Is it mandatory to register the deed.
sanjay singh thakur
(Expert) 21 January 2009
Dear Muthuswamy
As per law the registration of partnership firm is not compulsory and the same is optional. Hence, the deed of Dissolution does not required to be registered.
Sanjay Singh Thakur
Advocate
K.C.Suresh
(Expert) 22 January 2009
Registration is not mandatory.
P.Muthusamy
(Querist) 22 January 2009
Respected sirs,
I thank you for your valuable reply.
Manish Singh
(Expert) 22 January 2009
if the firm was registered then you will have to register the dissolution deed otherwise theres no necessity for the same.
P.Muthusamy
(Querist) 23 January 2009
Thanks for Mr.Manish singh and to Mr,Sanjeev Defsai.