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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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As per the accepted view, the registration of the firm is considered c...
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- b)Registrar files the statement and makes entries in the Register of Firms.
As per the accepted view, the registration of the firm is considered complete when.
Complete application for registration is filed with the Registrar. Registrar files the statement and makes entries in the Register of Firms. Registrar gives notice of registration to all partners.
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As per the accepted view, the registration of the firm is considered c...
Explanation:
Registration of a firm is an important step towards its legal recognition. The process of registration involves various steps, which are as follows:
1. Filing of Application:
The first step in the registration process is to file a complete application for registration with the Registrar of Firms.
2. Filing of Statement:
Once the application is filed, the Registrar of Firms files the statement of the partnership, which includes the name of the firm, the place of business, the names of partners, the duration of the partnership, etc.
3. Making Entries in Register of Firms:
After filing the statement, the Registrar of Firms makes entries in the Register of Firms, which is a public document containing information about all registered firms.
4. Notice of Registration:
Once the registration process is complete, the Registrar gives notice of registration to all partners of the firm.
5. Court Certification:
The last step in the registration process is the certification of entries in the Register of Firms by the court.
Out of all the above steps, the completion of registration is considered to be complete when the Registrar of Firms files the statement and makes entries in the Register of Firms. Therefore, option B is the correct answer.
Registration of a firm is an important step towards its legal recognition. The process of registration involves various steps, which are as follows:
1. Filing of Application:
The first step in the registration process is to file a complete application for registration with the Registrar of Firms.
2. Filing of Statement:
Once the application is filed, the Registrar of Firms files the statement of the partnership, which includes the name of the firm, the place of business, the names of partners, the duration of the partnership, etc.
3. Making Entries in Register of Firms:
After filing the statement, the Registrar of Firms makes entries in the Register of Firms, which is a public document containing information about all registered firms.
4. Notice of Registration:
Once the registration process is complete, the Registrar gives notice of registration to all partners of the firm.
5. Court Certification:
The last step in the registration process is the certification of entries in the Register of Firms by the court.
Out of all the above steps, the completion of registration is considered to be complete when the Registrar of Firms files the statement and makes entries in the Register of Firms. Therefore, option B is the correct answer.
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As per the accepted view, the registration of the firm is considered complete whena)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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