05 April 2015
I am a freelancer grain broker carrying out business of commission agent (Grain) and he dont have any formal shop or office for business. He just took order from customers and place order to merchants for delivery to customer the goods. Now he wants to introduce my brother in his business with formal partnership and want to carry business in name of partnership but, problem is that we dont have formal shop or office. Pleaae advise whether we can use some other merchants office / shop address by using "care of" word for preparing partnership deed and registration of partnership? Please also advise me if any other alternative available. I hope urgent attention or reply to my query as i am in a urgency to take a decision
05 April 2015
In order to have a registered Partnership Firm, You shall need to specify your Regd. Office Address. One of the important Benefits of Regd. P.Firm is the ability to sue Debtors in case of defaults. Hence I would recommend you to have a regd. office. If, like you mentioned above, you do have a merchant ready to permit you to use his address as your own by use of words "care of", I suppose you can do it. But all your correspondences shall be received on the regd. address, including your P.Firm registration certificate.