IPTA 60 — Recording of alterations in firm name and principal place of business

Indian Partnership Act, 1932

Statutory text

(1) When an alteration is made in the firm name or in the location of the principal place of business of a registered firm, a statement may be sent to the Registrar accompanied by the prescribed fee, specifying the alteration, and signed and verified in the manner required under section 58.

(2) When the Registrar is satisfied that the provisions of sub-section (1) have been duly complied with, he shall amend the entry relating to the firm in the Register of Firms in accordance with the statement, and shall file it along with the statement relating to the firm filed under section 59. STATE AMENDMENT Amendment of section 60 of Act IX of 1932.—In section 60 of the principal Act,—

(a) for sub-section (1), the following sub-section shall be substituted, namely:—“ (1) When an alteration is made in the firm name or in the nature of business of a firm or in the location of the principal place of business of a registered firm, a statement shall be sent to the Registrar, within a period of 90 days from the date of making such alteration, accompanied by the prescribed fee, specifying the alteration and signed and verified in the manner required under section 58.”;

(b) in the marginal note for the words “firm name and” the words “firm name, nature of business and” shall be substituted. [Vide Maharashtra Act 29 of 1984, s.9]

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