registered partnership & unregistered dissolution deed

SANJEEV SRIVASTAVA (Querist) 09 March 2011 This query is : Open
Dear Sir

Kindly answer in an registred partnership, partners dissolve the partnership deed through notary only with understanding that One Partner (Mr. A)will pay 50 lakh to other Partner Mr. B in two months. Thereafter Mr. A declines to give the payment to Mr. B. No other information or paper has submitted by Mr. B to any one. Now My questions are:

1.Whether Registration of Dissolution deed is mandatory?
2.Whether it would be readable as evidence in court, if Mr. B FILES A SUIT FOR RECOVERY?
3. What are the remedies available to Mr. B?
4. Mr. B does not have more money to pay court fee?

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