Partnership Firm Registration in Registrar of Firms, Assam
Market Price:7,000
AssamFilings Price:₹5,000
  
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Completion time*:4 Days

Completely managed Partnership Firm Registration in Registrar of Firms & Societies Assam until obtaining Registration Number with Expert Support

    1. Potential to sue the firm or sue the other partners
    2. The capacity of the firm to sue third parties
    3. Right to use the principle of set-Off
    4. Better credibility
    5. Ability to convert into an entity
    • Statement in Form 1 
    • Partnership Deed registered in District Registrar office stating the following :
      1. The firm-name
      2. The nature of business of the firm
      3. The place or principal place of business of the firm
      4. The names in full and permanent addresses of the partners
    • Proof of ownership or rent/lease of the location of your business.(e.g. Electricity Bill/ Water Bill or Rent/Lease/Leave and Licence Agreement of Business Place)
    • Copy of PAN Card of partners
    • Copy of Aadhaar Card/ Voter identity card
    • Affidavit of Tax Clearance
    • Trade License obtained from the Municipal Corporation/Municipal Board / Town Committee or Gaon Panchayat.
    • Photo of Partners

    The consequences of a partnership firm which is not registered are as follows:

     1. It cannot enforce its claims against the third party in a court of law.

    2. It cannot file a legal suit against any of its partners

    3. Partners of an unregistered firm cannot file any suit to enforce a right against the firm.

    4. A partner of an unregistered firm cannot file suit against other partners. Advertisement

    5. It cannot claim adjustment for any sum exceeding Rs. 100. Suppose an unregistered firm owes Rs. 1200 to X and X owes Rs.1000 to the firm. The firm cannot enforce an adjustment of Rs.1000 in a court of law.

    6. A registered partnership firm always has the ease of converting itself to another corporate entity like that of a Limited Liability Partnership (LLP) or a private company. This ease of conversion is not bestowed upon an unregistered firm. 

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