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Question

Which of the following alterations need not be intimated to the Registrar of firm?

A
Change of name of the firm
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B
Opening new business
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C
Change of bankers
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D
Change in constitution of the firm
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Solution

The correct option is C Change of bankers
When an alteration is made in the firm name or in the nature of business of a firm or in the location of the principal place of business of a registered firm, a statement shall be sent to the Registrar, within a period of 90 days from the date of making such alteration, accompanied by the prescribed fee.

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