Registration of Partnership:
The Indian Partnership Act does not make the registration of a partnership compulsory. Registration is optional. But the disabilities of non-registration virtually make it compulsory.
Procedure for Registration:
A statement should be prepared stating the following particulars.
(1) Name of the firm.
(2) The principal place of business.
(3) Name of other places where the firm carried on business.
(4) Names and addresses of all the partners.
(5) The date on which each partner joined the firm.
(6) The duration of the firm.
This statement signed by all the partners should be produced to the Registrar of Firms along with the necessary registration fee. Any change in the above particulars must be communicated to the Registrar within 14 days of such alteration.

Dissolution of Partnership	Dissolution of Firm
A partnership is dissolved by retirement or admission or insolvency (ie) the change of original partnership	All the Partners terminate their connections with the firm.
It means the termination of original partnership agreement	It means partnership comes to end.
The business will continue even if the partnership is dissolved.	The business cannot be continued in the dissolution of firm.

Dissolution of a partnership firm is taken place in two ways.
(a) without the order of the court and
(b) By order of the court.
Without the order of the court
a) By agreement or mutual consent:
A firm may be dissolved when all the partners agree to close the affairs of the firm. Just as a partnership is created by contract, it can also be terminated by contract.
b) By insolvency of all the partners but one:
If any of the partners adjudged an insolvent (or if all the partners become insolvent) it is necessary to dissolve the firm.
c) When the objective becomes illegal:
When the business carried on by the partnership becomes illegal, the partnership firm is automatically dissolved.
d) By notice of dissolution :
In the case of partnership at will when any partner gives in writing to all the other partners indicating his intention to dissolve the firm, the firm will be dissolved.
e) On certain contingencies:
Dissolution of the partnership itself may involve the dissolution of the firm unless parties agree to continue it otherwise, it will take place.
i. On the expiry of a specified period in case of partnership for a fixed term.
ii. On the completion of a particular adventure for which it has been formed in case of particular partnership.
iii. On the death of a partner.
iv. On the retirement of a partner.
v. On the insolvency of a partner.
In all the above cases if the business is not continued by the remaining partners, dissolution of the firm takes place automatically.
Dissolution through court:
(a) When a partner becomes insane
(b) Permanent incapacity of any partner
(c) Misconduct of any partner
(d) Breach of the agreement which makes the business impracticable
(e) Transfer of interest to third person
(f) Continued loss
(g) When the court finds that it is just and equitable to dissolve the firm

1. A Minor can become the member of Joint Hindu Family Business.
2. The membership of the family can be acquired only by birth.
3. As soon as a child is born in the family, that child becomes a member.
4. The business of the Joint Hindu Family is controlled and managed under the Hindu law.
5. Today Hindu Succession Act 2005 is applicable to all male and female members of a HUF.
6. As per the act of HUF by birth a minor can be admitted in the business.
7. In a Joint Hindu Family firm even a new born baby can be a Co-parcener.

1. The business of the Joint Hindu Family is controlled and managed under the Hindu law.
2. All the affairs of a Joint Hindu Family are controlled and managed by one person who is known as 'Karta' or Manager'.
3. The Karta is the senior most male member of the family.
4. The members of the family have full faith and confidence in Karta.
5. Only Karta is entitled to deal with outsiders.
6. But other members can deal with outsiders only with the permission of Karta.
7. In a joint family firm, only Karta has the implied authority to enter into a contract for debts and pledge the property of the firm for the ordinary purpose of the businesses of the firm.
8. Except the Karta, the liability of all other members is limited to their shares in the business.
9. The Karta is not only liable to the extent of his share in the business but his separate property is equally attachable and amount of debt can be recovered from his personal property.