Question

An unregistered firm sold goods to Won credit. On the expiry of the term of credit, the firm filed a suit against W for the recovery of the amount due from W. Will the firm succeed? What difference would it make if immediately after filing the suit, the firm got itself registered?

Answer 1

Solution: First Part
Section to which the given problem relates: Section 69(2).
Decision : No.
Reason: The firm is not registered at the time of institution of the suit.
Second Part
It would not make my difference because the subsequent registration cannot cure the initial defect.