Legal validity of partnership deed
This query is : Resolved
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30 May 2022
if the partnership deed registered as on stamp duty date and mentioned as partnership is effective from five months prior to stamp duty date, does the transactions before registered date is legally enforceable
30 May 2022
Yes it's legally enforceable. As effective date and registration date is specifically mentioned.
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30 May 2022
Thank you Sir, transactions means financial transactions with third parties between effective date and registered are legally enforceable? Can the partnership name in pan can be changed by including "And" instead of "&" symbol and later updated pan can be submitted to bank for updating current account KYC
30 May 2022
Yes, you can do it..........
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30 May 2022
Yes you can do it......
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30 May 2022
Registration of the Partnership deed is not mandatory. However, it is advisable to register the deed.
So in your case, you can update the PAN card based on the unregistered deed.
So in your case, you can update the PAN card based on the unregistered deed.
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