The Indian Partnership (Gujarat Amendment) Act, 1991
The Indian Partnership (Gujarat Amendment) Act, 1991
Corporate20213 sections
This Act amends the Indian Partnership Act to update how firms are registered in Gujarat. It requires every partner to have a Permanent Account Number or PAN to be eligible for registration. It also mandates that partners and other key individuals, like directors, must provide proof of Aadhaar number or undergo authentication. The law updates the rules for firm names to prevent confusion with trademarks or offensive words. Additionally, it sets the maximum fees for filing registration statements. The Act comes into force on a date specified by the State Government.
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