πŸ“Š Banking Services Management (BSM)
Q. Non-registration of a firm will affect in the following manner-
  • (A) on dissolution of the firm, remaining partners will have to approach to the court for settlement of their dues.
  • (B) bank will not allow an unregistered firm to open an account.
  • (C) no partner shall be in a position to institute a suit against any other partner of the firm
  • (D) none of these
πŸ’¬ Discuss
βœ… Correct Answer: (C) no partner shall be in a position to institute a suit against any other partner of the firm

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