54. Agreements of restraint of trade. Partners may, upon or in anticipation of the dissolution of the firm, make an agreement that some or allRead More →

55. Sale of goodwill after dissolution. (1) In settling the accounts of a firm after dissolution, the goodwill shall, subject to contract between the partners,Read More →

CHAPTER VII – REGISTRATION OF FIRMS 56. Power to exempt from application of this Chapter. The State Government of any State may, by notification inRead More →

57. Appointment of Registrars. (1) The State Government may appoint Registrars of Firms for the purposes of this Act, and may define the areas withinRead More →

58. Application for registration. (1) The registration of a firm may be effected at any time by sending by post or delivering to the RegistrarRead More →

59. Registration. When the Registrar is satisfied that the provisions of section 58 have been duly complied with, he shall record an entry of theRead More →

STATE AMENDMENT Section 59A Andhra Pradesh After section 59, insert the following section, namely- 59A. Amendment of the Register of Firms- (1) Notwithstanding anything in thisRead More →

STATE AMENDMENT Section 59B Gujarat After section 59A, insert the following section, namely- 59B. Deletion of entries relating to certain firms by reason of reorganisationRead More →

61. Noting of closing and opening of branches. When a registered firm discontinued business at any place or begins to carry on business at anyRead More →

62. Noting of changes in names and addresses of partners. When any partner in a registered firm alters his name or permanent address, an intimationRead More →

63. Recording of changes in and dissolution of a firm. (1) When a change occurs in the constitution of a registered firm any incoming, continuingRead More →

65. Amendment of Register by order of Court. A Court deciding any matter relating to a registered firm may direct that the Registrar shall makeRead More →