REG - FIRM REGISTRATION CERTIFICATE

Good Morning All,

We started a partnership firm. we registered under gst and msme. now, we applied a machinery loan. Banker ask "Firm Registration Certificate".

-What is this?
-Where I register and get this Firm -Registration certificate?
-Is this mandatory to us?

Please give solution for this and privide registration details with link...

it's very urgent loan is under final stage...

Thanks in Advance
Replies (3)
Quick Summary
A partnership firm needs a Firm Registration Certificate for certain loan applications, as requested by banks. This certificate is obtained by registering your partnership under the Partnership Act 1932, typically through your local SDM court. While not legally compulsory for all firms, it's increasingly becoming a requirement for financial institutions and is beneficial for future business operations.

Pls provide and do the needful.
-What is this?
This a registration under Firms and it's based on partnership act.

-Where I register and get this Firm Registration certificate?
In firm's registration website

-Is this mandatory to us?
it's not compulsory. But, in recent scenario bankers asking the certificate for loan process...
You need to register your partnership firm into a partnership firm act 1932 ,It is registered through the local SDM court ,It's not mandatory but registration is fruitful for the future .

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