Partnership Registration
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Partnership Registration
Restructuring of Partnership Firm
Partnership is an agreement between two or more people for sharing the gains of a trade carried by all or any one of them who is acting for all .Any change in the current agreement is called reconstitution of the partnership firm.
Formation of Partnership Firm
Under Section 4 of the Indian Partnership Act ,1932 a partnership can be understood as a relation between two or more persons to share profits of the business, either by one of the partner acting on behalf of all the individuals or for all the partners carrying out their respective duties.
Conversion of Partnership firm to LLP
The conversion of a partnership firm to LLP shall be done as per the section 55 of the Limited Liability Partnership Act 2008 read with Schedule II of the Act. It is mandatory for all partner to hold valid Digital signature certificate( DSC) & and at least two partners must have a DPIN.
Wind-up of Partnership Firm
The partnership firm may dissolve by the mutual consent or an agreement . A partnership firm may be discontinued with the approval of all the partners or by a contract between the partners.