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CA Foundation doubt

P, X, Y and Z are partners in a registered firm A & Co. X died and P retired. Y and Z filed a suit against W in the name and on behalf of firm without notifying to the Registrar of firms about the cha

Asked by Tulip3 Jun 2024375 views

6 answers

  1. Tulip · 3 Jun 2024

    Thank you guys for helping me out

  2. Nani · 3 Jun 2024

    Pg no 4.59 in icai material new syllabus book in partnership last unit example 1 if you read you will get clarity

  3. Hairiya · 3 Jun 2024

    In this case it's maintainable It is not valid Only if a new partner joined and if that's not mentioned in the register of firms

  4. Hairiya · 3 Jun 2024

    Solution: Section to which the given problem relates: Section 69(2). Decision: "Yes." Reason: Both the requirements of Section 69(2) have been complied with (i) the suit must be instituted by or on behalf of the firm which had been registered; (ii) the persons suing must have been shown as partners in the Register of Firms. Persons suing means all the partners at the date of instituting the suit.

  5. Tulip · 3 Jun 2024

    Oh Okay. thank you

  6. Dev · 3 Jun 2024

    Isme effect of non registration wala pura likh doo Or Conclusiion mei no likh dena bcz due to retirement and death of partner we should inform to register and that we cannot doo...

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