registrationacts.in Registration of Partnership Firm

Organisation : Registrationacts.in
Facility : Registration of Partnership Firm

Registration Form here : http://www.registrationacts.in/
Website : http://www.registrationacts.in/firmregistrations.php

Registration of a Partnership Firm

1. The law relating to a partnership firm is contained in the Indian Partnership Act, 1932.

Related : Directorate General of Supplies & Disposals Registration of Firms : www.statusin.in/20031.html

2. Under Section 58 of the Act, a firm may be registered at any time (not merely at the time of its formation but subsequently also) by filing an application with the Registrar of Firms (the District Registrar, Registration and Stamps Department in the State of Andhra Pradesh and Telangana) of the area in which any place of business of the firm is situated or proposed to be situated.

Application shall contain:-
** Name of the firm
** Place or principal place of business
** Names of any other places where the firm carries on business
** Date on which each partner joined the firm
** Name in full and permanent address of partners.
** Duration of the firm

Application shall be signed and verified by all the partners or their duly authorized agents.
Application shall be accompanied by prescribed fee as well as the following documents:
** Prescribed Registration Form for Incorporation of a firm. (Form No. 1 and Specimen of Affidavit)
** Certified true copy of the Partnership deed entered into.
** Ownership proof of the principal place of business

Name of the firm should not contain any words which may express or imply the approval or patronage of the government except where the Government of India has given its written consent for the use of such words as part of the firm’s name.

3. The law relating to a partnership firm is contained in the Indian Partnership Act, 1932.

4. Under Section 58 of the Act, a firm may be registered at any time (not merely at the time of its formation but subsequently also) by filing an application with the Registrar of Firms (the District Registrar, Registration and Stamps Department in the State of Andhra Pradesh and Telangana) of the area in which any place of business of the firm is situated or proposed to be situated.

Application shall contain:-
** Name of the firm
** Place or principal place of business
** Names of any other places where the firm carries on business.
** Date on which each partner joined the firm
** Name in full and permanent address of partners.
** Duration of the firm

Application shall be signed and verified by all the partners or their duly authorized agents.

Application shall be accompanied by prescribed fee as well as the following documents:
** Prescribed Registration Form for Incorporation of a firm. (Form No. 1 and Specimen of Affidavit)
** Certified true copy of the Partnership deed entered into.
** Ownership proof of the principal place of business
** Name of the firm should not contain any words which may express or imply the approval or patronage of the government except where the Government of India has given its written consent for the use of such words as part of the firm’s name.

5. Under Section 59 of the Act, when the Registrar of Firms is satisfied that the provisions of section 58 have been duly complied with, he shall record an entry of the statement in the Register of Firms and issue a Certificate of Registration.

6. Penalty for furnishing false particulars (Section 70) : Any person who signs any statement, amending statement, notice or intimation under this Chapter containing any particular which he knows to be false or does not believe to be true or containing particulars which he knows to be incomplete or does not believe to be complete, shall be punishable with imprisonment which may extend to three months, or with a fine or with both.