Business Partnership

What is Business Partnership?

Share of the business profits of a business partnership of two or more persons who agree is a relationship between. Such a trade by all partners aim to either run or one who has been nominated.



Under the law, the Partnership has applied for registration of the firm?

Partnership, set to apply for registration under Article 58 of the Partnership Act 1932 is given.

Details of which will be mentioned in the application?

Name of firm
Where the business is to be launched address
The firm plans to launch projects where the nearest place names
Date mutual trading partners
Names and addresses of all partners
Specify the duration of the business (or the expected life)
Or their designated representatives of all partners are required to sign the petition.

To which the application for registration is submitted?

After filling the form, the application can either be posted or submitted to the registrar of the area. For the completion of this process, the registration fee is to be paid.

Deciding on the name of the firm, the important things to keep in mind?

The firm was approved by the provincial or federal government indicate that the "government", "Alienation", "Quaid" or other such terms, words such as the name of the firm can not be selected. This is a special permission from the government to the firm. However, if such names can be used. Moreover, in the Official Gazette no such word as inappropriate from the provincial government, which has been declared may be used.

A partnership firm in the name of the United Nations or its subsidiaries can use?

Any of partnership firms can not use the name of the United Nations, the abbreviation of its name or until firm subsidiaries by the UN Secretary-General has received a written consent. Also, a solid firm WHO Director-General has received written consent from the World Health Organization (WHO) is allowed to use the name or abbreviation.

How Partnership (set) registration / justification can be?

A registered firm about the contents of the request issued by the Registrar after the investigation is evidence in the form of a registration certificate will be given.

For more information on the legal contract of partnership business procedures can be achieved?

Can be obtained from the following sources partnership contract procedures for business information:

1. Law and Justice Commission, Government of Pakistan,
Supreme Court Building, Islamabad.
Phone Number- 051-9220483
Number- 051-9214416 Fax
Email Ijcp@Ijcp.gov.pk "
Website www.Ijcp.gov.pk
1379 Pakistan (CRCP) PO Box, Islamabad 2. Consumer Rights Commission. Phone Number- 111-739-739
Email main@crcp.org.pk
3. Information offices in the districts and the district court.
4. Partnership Act 1932