Section 58 Indian Partnership Act 1932

Section 58 Indian Partnership Act

Section 58 of the Indian Partnership Act 1932 is about Application for registration. It is under CHAPTER VII (Registration Of Firms) of the Act.

Application for registration.

(1) The registration of a firm may be effected at any time by sending by post or delivering to the Registrar of the area in which any place of business of the firm is situated or proposed to be situated, a statement in the prescribed form and accompanied by the prescribed fee, stating–


(a) the firm name,


(b) the place or principal place of business of the firm,


(c) the names of any other places where the firm carries on business,


(d) the date when each partner joined the firm,


(e) the names in full and permanent addresses of the partners, and


(f) the duration of the firm.


The statement shall be signed by all the partners, or by their agents specially authorised in this behalf.


(2) Each person signing the statement shall also verify it in the manner prescribed.


(3) A firm name shall not contain any of the following words, namely:–


“Crown”, “Emperor”, “Empress”, “Empire”, “Imperial”, “King”, “Queen”, “Royal”, or words expressing or implying the sanction, approval or patronage of 1*** Government 2***,except 3[when the State Government] signifies 4[its] consent to the use of such words as part of the firm name by order in writing 5***


STATE AMENDMENTS

Goa, Daman and Diu.–


The Government of Goa is hereby pleased to levy a non-refundable processing fee of Rs. 1,000/- (Rupees one thousand only) for processing the documents for registration of Partnership Firm under the Indian Partnership Act, 1932 (Central Act 9 of 1932).

See also  Section 2 Indian Partnership Act 1932

This Order shall come into force with effect from the 1st day of April, 2017.


(Published in the Official Gazette Series I No. 52 (Extraordinary-2) dated 31-3-2017) (w.e.f. 8-5-2017- LD(Estt.) (C)/407 dated 31-3-2017)


Uttarakhand.–


Substitution of section 58.–In the Indian Partnership Act, 1932, (hereinafter referred to as the Principal Act) section 58 shall be substituted as follows, namely:–


58. Application for registration.–(1) The registration of a firm may be effected at any time by uploading on the website following statement in the prescribed online form and accompanied with prescribed fees to the Registrar of the area in which any place of business of the firm is situated or proposed to be situated, stating.–


(a) the firm name,


(b) the place or principal place of business of the firm,


(c) the names of any other places where the firm carries on business,


(d) the date when each partner joined the firm,


(e) the names in full and permanent addresses of the partners, and


(f) the duration of the film.


The statement shall be digitally signed by all the partners or by their agents specially authorized in this behalf.


(2) The applicant, signing the statement shall also upload to the website, verifying the statement recorded in the online format mentioned in sub-section (1), verifying it in the affidavit certified by the Notary on the non-judicial stamp paper of Rs. 10/.


(3) The desired enclosed shall also be uploaded on website, by the applicant.


(4) A firm name shall not contain the word Union, State, Land Mortgage, Land development, Cooperative, Gandhi, Reserve Bank or any of the words expressing or implying the sanction, approval or patronage of Government, except when the State Government signifies its consent to the use of such words as part of the firm name by order in writing.

See also  Section 32 Indian Partnership Act 1932

(5) The prescribed fee of registration shall be submitted online after the online approval given by the Registrar.


(6) After submitting the prescribed registration fee the digitally signed registration certificate may be downloaded from the website by the applicant.


[Vide Uttarakhand Act 5 of 2019, s. 2]


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