kaverionlinefirm.karnataka.gov.in Registration of Firms : Department of Stamps & Registration
Organization : Department of Stamps & Registration, Government of Karnataka
Service Name : Firm Registration Service
Applicable State : Karnataka
Country: India
Website : http://kaverionlinefirm.karnataka.gov.in/
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Kaveri Online Registration of Firms Karnataka
Partnership firm is an organization of two or more persons managed by anyone or all of them with intention to run business or industry and share the profits.
Related : Department of Stamps & Registration KAVERI Karnataka Valuation & e-Registration : www.statusin.in/20544.html
Duration of Firm Registration
Ans Partnership firm may be for any definite or indefinite duration. If no duration is mentioned, it shall be at `will’ (See Sec.7 of Indian Partnership Act 1932).
Firms Registration Fees
XXXI. For the authentication or attestation of a power of attorney :-
(i) If special 1[Rs.100-00]
(ii) If general 1[Rs.100-00]
Note I :
A single fee shall be levied for the authentication or attestation of a power of attorney whatever may be the number of signatories to it, provided that all of them appear simultaneously. Where they do not so appear a separate fee shall be levied for each time.
Fees Payable Under The Karnataka Societies Registration Act, 1960 :
| Sl. No. |
Purpose | Fees or Fines Rs. |
| 1 | For Registration of Memorandum of association and rules and regulations of Society under Sub-section(1) of section 8. | |
| (a) if society is situated within Bangalore Metropolitan Regional Development Authority limits | 1000.00 | |
| (b) if society is situated in any other area. | 500.00 | |
| 2 | For each appeal before Karnataka Appellate Tribunal under sub-section (3) of section 8, Sub-section (3) of section 9 and sub-section (3) of section 10. | 500.00 |
| 3 | For filing of change in Memorandum of Association under sub-section (2) of section 9 . | 100.00 |
| 4 | For filing of change of name rules and Regulations under sub-section (2) of section 10. | 250.00 |
| 5 | Filing of the list and balance sheet and Income and Expenditure account under section 13. | |
| For every one lakh rupees of amount of income and expenditure or part thereof. | 100.00 | |
| 6 | Fines under proviso to section 13 | |
| (a) Where the delay in filing the list and Balance Sheet and Income and Expenditure Account does not exceed one year. | 50.00 | |
| (b)Where the delay exceeds one year, for each year of delay or part thereof. | 100.00 | |
| 7 | Enquiry fee under section 25 [Rule(8)] | 500.00 |
| 8 | Fine under section 28 | 1000.00 |
| 9 | For each Inspection of document under Section 24. | 50.00 |
| 10 | For issue of certified copy under section 24 for every hundred words of copy or extract. | 10.00 |
FAQ On Firms Registration
Q 1 What is the maximum and minimum number of persons to form a partnership firm?
Ans There must be minimum of 2 persons to form a partnership firm. If the firm is intended for financial transactions maximum of 10 and for other purposes maximum of 20 persons can form a firm (See Sec.11 (2) of Company law).
Q 2 Is it necessary to form partnership firm through a document only?
Ans Generally yes. Stamp duty of Rs.100 shall be paid if capital of the firm does not exceed Rs.500 and Rs.500 of capital exceeds Rs.500 for the document.
Q 3 Is it compulsory to register partnership firm?
Ans No. If partnership firm not registered it will lead to the following conseQ uences:
a) It will not be possible to sue one partner against another partner or against the firm and vice versa in the court of law to claim right.
b) Partnership firm cannot sue third party in the court of law for enforcement of it’s right (See Sec.69 of Partner ship Act 1932).
Q 5 Who has the authority to register partnership firm? To whom application is to made and in which form?
Ans District Registrar is Registrar of Firms in his District. Application may be made in Form No.1 for registration (See Sec. 57, 58 of Indian Partnership Act 1932).
Q 6 How and in what manner application is to be made for registration of partnership firm? Is there time limit for it?
Ans Application to be given to the Registrar of the District in which it is intended to be formed. There is no time limit.
Q 7 Will certificate of registration be given?
Ans Acknowledgement will be issued in Form C (See Sec.10)
Q 8 Can a firm be given any name?
Ans Except names like Crown, Emperor, Empress, Imperial, King, Q ueen Royal pr any name signifying authority of Government any name may be given (See Sec.58 of Indian Partnership Act 1932).
Q 9 What are the other forms of registration and procedure?
Ans Change with name, place, opening of branches and closure, change in the partners or change in their address, release of minor’s partnership and dissolution of partnership may be registered (See Sec.60, 61, 62 and 63 of the Act).
Benefits of Kaveri Firms Registration
Here are some of the benefits of registering your firm online:
** Convenience: You can register your firm from the comfort of your home or office.
** Speed: The registration process is usually completed within 10 working days.
** Cost-effectiveness: The fees for online registration are lower than the fees for registering your firm at a sub-registrar’s office.