Hi,
Please provide input on following question:
Can a third party file a suit against unregistered Partneship firm? If yes plese provide with the reference of any Case law.
Thanks and Regrads,
Hemant
3 Replies
Pranay Kothari
(CA)
(415 Points)
Replied 08 April 2009
Hey registeration of a partnership firm does not effect the capacity of a third party to file a suit against unregistered Partneship firm. Incase where a partnership firm is unregistered
a) the partners of the firm cant file a suit against the partnership firm
b) the partners cant file a suit against other partners
c) nor the unregistered partnership firm can file a suit against third party except for a nominal amount of Rs.100
Pranay Kothari
(CA)
(415 Points)
Replied 08 April 2009
have no idea bout the section applicable but m sure that a third party can file a suit against unregistered partnership firm
Ashish M
(Chartered Accountant)
(2731 Points)
Replied 18 April 2009
third party can file a suit against the firm for the recovery of dues even if the firm is unregistered.
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