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As per the accepted view, the registration of the firm is considered complete when.
- a)Complete application for registration is filed with the Registrar.
- b)Registrar files the statement and makes entries in the Register of Firms.
- c)Registrar gives notice of registration to all partners.
- d)Court records the statement and certifies the entries in Register of Firms.
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
As per the accepted view, the registration of the firm is considered c...
Explanation:
The registration of a firm is considered complete when the Registrar files the statement and makes entries in the Register of Firms. This is the accepted view and the correct answer is option B. Let's break down the process:
- Step 1: Application for registration
- A complete application for registration must be filed with the Registrar. This includes providing all the necessary documents and information required for registration.
- Step 2: Registrar's action
- Once the application is received, the Registrar reviews the documents and verifies the information provided.
- If everything is in order, the Registrar files the statement of the firm and makes entries in the Register of Firms.
- Step 3: Notice of registration
- After making the entries in the Register of Firms, the Registrar gives notice of the registration to all the partners of the firm.
- This serves as an official confirmation that the firm has been registered.
- Step 4: Court certification
- In certain cases, the statement and entries made by the Registrar may need to be recorded and certified by the court.
- This step ensures the authenticity and legal validity of the registration.
However, according to the accepted view, the registration of the firm is considered complete at Step 2 when the Registrar files the statement and makes entries in the Register of Firms. This marks the official registration of the firm and the completion of the registration process.
The registration of a firm is considered complete when the Registrar files the statement and makes entries in the Register of Firms. This is the accepted view and the correct answer is option B. Let's break down the process:
- Step 1: Application for registration
- A complete application for registration must be filed with the Registrar. This includes providing all the necessary documents and information required for registration.
- Step 2: Registrar's action
- Once the application is received, the Registrar reviews the documents and verifies the information provided.
- If everything is in order, the Registrar files the statement of the firm and makes entries in the Register of Firms.
- Step 3: Notice of registration
- After making the entries in the Register of Firms, the Registrar gives notice of the registration to all the partners of the firm.
- This serves as an official confirmation that the firm has been registered.
- Step 4: Court certification
- In certain cases, the statement and entries made by the Registrar may need to be recorded and certified by the court.
- This step ensures the authenticity and legal validity of the registration.
However, according to the accepted view, the registration of the firm is considered complete at Step 2 when the Registrar files the statement and makes entries in the Register of Firms. This marks the official registration of the firm and the completion of the registration process.
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Community Answer
As per the accepted view, the registration of the firm is considered c...
Explanation:
Filing of Complete Application:
- The first step in the registration process is to file a complete application for registration with the Registrar of Firms.
- This application typically includes details such as the name of the firm, the principal place of business, the names of all partners, and the date of commencement of the firm.
Registrar's Role:
- Once the complete application is filed, the Registrar of Firms reviews the application and verifies the information provided.
- If the Registrar finds the application to be in order and compliant with the requirements, he proceeds to file the statement and makes entries in the Register of Firms.
Completion of Registration:
- The registration of the firm is considered complete when the Registrar files the statement and makes entries in the Register of Firms.
- This step signifies that the firm is now officially registered under the relevant laws and regulations.
Notice of Registration:
- While the Registrar does not need to give notice of registration to all partners for the registration to be considered complete, it is a good practice to inform all partners of the successful registration.
Court's Role:
- The court does not play a direct role in the registration process of a firm. The registration is completed once the Registrar files the statement and makes entries in the Register of Firms.
In conclusion, the registration of a firm is considered complete when the Registrar of Firms files the statement and makes entries in the Register of Firms, indicating that the firm is now officially registered.
Filing of Complete Application:
- The first step in the registration process is to file a complete application for registration with the Registrar of Firms.
- This application typically includes details such as the name of the firm, the principal place of business, the names of all partners, and the date of commencement of the firm.
Registrar's Role:
- Once the complete application is filed, the Registrar of Firms reviews the application and verifies the information provided.
- If the Registrar finds the application to be in order and compliant with the requirements, he proceeds to file the statement and makes entries in the Register of Firms.
Completion of Registration:
- The registration of the firm is considered complete when the Registrar files the statement and makes entries in the Register of Firms.
- This step signifies that the firm is now officially registered under the relevant laws and regulations.
Notice of Registration:
- While the Registrar does not need to give notice of registration to all partners for the registration to be considered complete, it is a good practice to inform all partners of the successful registration.
Court's Role:
- The court does not play a direct role in the registration process of a firm. The registration is completed once the Registrar files the statement and makes entries in the Register of Firms.
In conclusion, the registration of a firm is considered complete when the Registrar of Firms files the statement and makes entries in the Register of Firms, indicating that the firm is now officially registered.
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As per the accepted view, the registration of the firm is considered complete when.a)Complete application for registration is filed with the Registrar.b)Registrar files the statement and makes entries in the Register of Firms.c)Registrar gives notice of registration to all partners.d)Court records the statement and certifies the entries in Register of Firms.Correct answer is option 'B'. Can you explain this answer?
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