Questions on : 1)Introduction and Procedure for Registration. 2)Change of Particulars after Registration of a Firm. 3)Effects or Disabilities of Non-Registration of a Firm. __________________________________________________ No. Of Questions to be Answered : Random 20 out of 38
Compulsory
Optional
Required under Section 54
Required under Section 55.
Imposes penalty on firm.
Imposes penalty on partners.
Imposes penalty on both.
Provides for certain disabilities only.
A firm legally comes into existence only on registration.
A film can deal with third parties only on registration.
The disabilities due to non-registration are removed only on registration.
Both (a) and (b).
Section 56 to 71
Section 50 to 55
Section 72
None of these.
Registrar of companies
Registrar of firms
Registrar of conveyances
Competent court.
Which is convenient for partners.
In which the working partner of the firm resides.
In which any place of business of firm is situated or proposed to be situated.
Which is agreed by all the partners for the purposes of registration.
At the time of its formation.
At any time after formation.
Either (a) or (b).
None of these.
It may be effected before filing a suit against third party.
It may be effected at any time after its formation.
It may be effected at the time of its formation
It must be effected at the time of its formation.
Name of firm and its place of business.
Name and address of partners and date of joining the firm.
Duration of the firm.
All of these.
All the partners or their authorised agents.
The active partners only.
Minimum two partners even if there are more then two.
The managing partner only.
Complete application for registration is filed with the Registrar.
Registrar files the statement and makes entries in the register' of firms'.
Registrar gives notice of registration to all die partners.
Court records the statement and certifies the entries in the'register of firms'.
Can be obtained by dropping the name of such partner form the firm.
Can be obtained without dropping the name of such partner.
Cannot be obtained with such a form which is not signed by all the partners
Both (a) and (c).
True, as all the formalities required for registration are to be complied.
False, as in this case only an information to the registrar about the change is sufficient.
A simple information to the registrar.
A simple information to the court.
An affidavit of a managing partner about the change.
Almost anew registration.
True, as it is the requirement of law.
False, at it also requires almost a new registration.
An agent-of the firm.
Either (b) or (c).
True, as it is the requirement of law.
False, as in this case only an information, to the registrar, is required to be given.
Concerned partner only.
All partners jointly.
Any partner or agent of firm
None of these.
Almost a new registration.
A notice, along with date of joining to the Registrar.
A simple information to the court.
None of these.
Almost a new registration.
A notice along with date of retirement, to the Registrar.
An indemnity bond form a retiring partner.
None of these.
All partners jointly.
Any continuing partner.
New or retiring partner.
Either (b) or (c).
True, it is the requirement of law [Section 63(1)]
False, as there is no such provision in the Indian Partnership Act, 1932.
True, as an unregistered firm certain disabilities.
False, as the disabilities are of least importance.
Firm
Present partners
Past partners
All of these
Firm is registered.
Name of such partner appears as a partner in the register of firms.
Both (a) and (b) as it is the requirement of law.
None of these, as a partner can never file a suit against the firm or partners.
True, as after registration partner's disability to file such suit is removed.
False, as this disability cannot be rectified.