Question

Application for registration of the firm is to be delivered to the Registrar of firms of the area in which __________ is situated or proposed to be situated.

• A. Any place of business
• B. Registered office
• C. Corporate office
• D. Office of Chartered Accountant of the firm

Answer 1

The correct option is A Any place of business

As per the Indian Partnership Act, 1932, registration is optional.

However, if the firm is registered, the application is to be delivered to the registrar of firm in area where the 'business' takes place since that is the place where all the important transactions take place.

'Registered office' is important in case of companies.