CS Mohit Saluja

The law relating to a partnership firm is contained in the Indian Partnership Act, 1932.Under Section 58 of the Act, a firm may be registered at any time (not merely at the time of its formation but subsequently also) by filing an application with the Registrar of Firms of the area in which any place of business of the firm is situated or proposed to be situated.

Under Section 59 of the Act, when the Registrar of Firms is satisfied that the provisions of section 58 have been duly complied with, he shall record an entry of the statement in the Register of Firms and issue a Certificate of Registration.

Any alterations, subsequent to Registration shall be notified to the registrar:-

Change in firm name and principal place of business (Section 60) shall require sending of a new application form along with the prescribed fee, duly signed and verified by all the partners.

Change relating to opening and closing of branches. (Section 61)

When a registered firm discontinues business at any place or begins to carry on business at any place, such place not being its principal place of business, any partner or agent of the firm may send intimation thereof to the Registrar.

Change in the name and permanent address of any partner (Section 62)

When any partner in a registered firm alters his name or permanent address, an intimation of the alteration may be sent by any partner or agent of the firm to the Registrar

Change in the constitution of the firm and its dissolution [Section 63(1)]

When change occurs in the constitution of the firm, any of the new, continuing or the outgoing partner, while when a registered firm is dissolved, any person who was a partner immediately before the dissolution or the agent of any such partner or person specially authorized on his behalf, may give notice of such a change to the Registrar, specifying the date thereof.

Under Section 63(2), when a minor who has been admitted to the benefits of partnership in a firm attains majority and elects to become or not to become a partner, he or his agent specially authorized in this behalf, may give notice to the Registrar that he has or has not become a partner.

Accordingly, the various forms prescribed under the Indian Partnership Act, 1932, for the alterations in the registered partnership firm are:-

a. Form No. II :- For change of principle place of business & change in the name of the firm.

b. Form No. III :- For change of the other then principle place of business.

c. Form No. IV :- For change of name of the partners & permanent address of the partners.

d. Form No. V :- For change of constitution of forms & addition or retirement of partner.

e. Form No.VI :- For dissolution of the firm

f. Form No. VII :- For minor partner attains the age of majority.

Under Section 59 of the Act, when the Registrar of Firms is satisfied that the provisions of section 58 have been duly complied with, he shall record an entry of the statement in the Register of Firms and issue a Certificate of Registration.

Penalty for furnishing false particulars (Section 70)

Any person who signs any statement, amending statement, notice or intimation under this Chapter containing any particular which he knows to be false or does not believe to be true or containing particulars which he knows to be incomplete or does not believe to be complete, shall be punishable with imprisonment which may extend to three months, or with a fine or with both.

Rectification of mistakes (Section 64 of the Act)

The Registrar shall have power at all times to rectify any mistake in order to bring the entry in the Register of Firms relating to any firm into conformity with the documents relating to that firm filed under this Act.

On application made by all the parties who have signed any document relating to a firm filed under this Act, the Registrar may rectify any mistake in such document or in the record or note thereof made in the Register of Firms.

Inspection of Register and filed documents (Section 66 of the Act)

The Register of Firms shall be open to inspection by any person on payment of such fee as may be prescribed.

All statements, notices and intimations filed under this Act shall be open to inspection, subject to such conditions and on payment of such fee as may be prescribed.

Grant of copies (Section 67 of the Act)

The Registrar shall on application furnish to any person, an payment of such fee as may be prescribed, a copy, certified under his hand, of any entry or portion thereof in the Register of Firms.

Documents Required for Registration of Firm with Registrar of Firms and Societies, Chandigarh:

1. Covering Letter.

2. Application Form 1 duly filled and signed and verified by all the Partners of the Firm or their duly authorized agents and witnessed by at least two persons and duly attested by the Notary or Gudgeted Officer or any Professional.

Where application shall contain:-

• Name of the firm where name of the firm should not contain any words which may express or imply the approval or patronage of the government except where the government has given its written consent for the use of such words as part of the firms name.

• Place or principal place of business

• Names of any other places where the firm carries on business.

• Date on which each partner joined the firm

• Name in full and permanent address of partners.

• Duration of the firm

 3. Xerox copy of Partnership Deed on a Stamp Paper of Rs. 1000 (In Punjab) duly attested by the Notary of concerned City where the Registered Office of the Firm is situated.

4. ID Proofs of all the partners duly attested by Notary, Gudegted Officer or any Professional like CA/CS/CWA.

5. Passport size photographs of all the partners.

6. Copy of Receipt Challan (Form PTR 16 Rule 107 of PTR Volume 1) deposited with the State Bank of India.

7. Ownership proof of the principal place of business


Partnership Act, 1932 does not provide for compulsory registration of firms. It is optional for partners to set the firm registered and there are no penalties for non-registration. However, Section 69 of the Act which deals with the effects of non-registration denies certain rights to an unregistered firm. Under the Act :-

A partner of an unregistered firm cannot file a suit in any court against the firm or other partners for the enforcement of any right arising from a contract or right conferred by the Partnership Act unless the firm is registered and the person suing is or has been shown in the Register of Firms as a partner in the firm.

No suits to enforce a right arising from a contract shall be instituted in any Court by or on behalf of a firm against any third party unless the firm is registered and the persons suing are or have been shown in the Register of Firms as partners in the firm.

An unregistered firm or any of its partners cannot claim a set off (i.e. mutual adjustment of debts owned by the disputant parties to one another) or other proceedings in a dispute with a third party.

Hence, every firm finds it advisable to get itself registered sooner or later.


CS Mohit Saluja

Practicing Whole Time Company Secretary

2nd Floor, Malhotra Complex, Sehdev Market,

Jalandhar, Punjab-144001

Ph. No. 9914558709

Author Bio

Qualification: CS
Company: Mohit Saluja & Associates
Location: JALANDHAR, Punjab, IN
Member Since: 13 May 2017 | Total Posts: 45
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18 responses to “Registration of Partnership Firms in Punjab”

  1. Satish Mishra says:

    A very well written and informative piece on the subject of partnership deed

  2. Manpreet Singh says:

    Need CA for firm register in punjab

    Contact 9888770822

  3. SINGH says:




  5. Monu says:

    CA Article required.
    Opportunity to gain wide experience in accounts, audit, taxation and RoC compliance work.
    Location: Sector 34 Chandigarh
    Contact +91 9988538977

  6. MOHIT SALUJA says:

    Any one call me at 99145-58709 for getting information about Registration of Firms in Punjab

  7. Kuvar Jain says:

    What are the registration charges call 9872012111

  8. jatinder singh says:

    we want to know add. of Registrar mof firms pm chd as v want to enter oure firm for regestration

  9. SAT NARAYAN says:

    can we tell… the application fee of registraion of firm in punjab and challan no.

  10. Adv.Jaspreet singh says:

    we deals in Registration of partnership firms
    contact us on these no. 9878682414,9815404273

  11. sunilsharma says:

    we want to know address of registrar of firms punjab,chandigarh as we want to enter our firms for registation.

  12. jagdeep singh says:

    plz send me complete address of registrar of firm

  13. gurtej singh says:

    how much fee be deposited in SBI For registration of firm

  14. rajan says:

    Kindly tel me from where I can get forms to register our firm, wot is the fees to be deposited. And wot is ownership proof document to be attached.

  15. Mandeep singh says:


    I am opening a proprietorship firm in Amritsar for medical wholesale business. How can I register my proprietorship firm so that no one can use the name of my proprietorship firm.

    Thanks in advance

  16. gaurav says:

    sir ,

    i want to register my firm [yo food] but how can i know that is somebody has register this name or similar of this name before me.and in that case what should we do if we want to use the name.

    gaurav sharma

  17. VINOD RAWAT says:



  18. GhostSp says:

    Can anyone tell me the address and  name of the registrar of firms of punjab?.Actually i have got the project in which i have to form my own partnership firm

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