In a landmark move to modernize and streamline business operations, the Government of India has initiated a comprehensive plan to fully digitize the partnership firm registration system across all states and union territories. The initiative, led by the Ministry...

In a dramatic development within the Indian business landscape, a prominent and long-established family-run partnership firm has announced its formal dissolution, following an extended period of internal disputes among key family members. The firm, which operated...

In a significant step toward improving regulatory compliance among India’s small business sector, the Ministry of Micro, Small and Medium Enterprises (MSME) has officially launched a new Compliance Tracker App aimed at registered partnership firms. The initiative is...

 In a progressive step aimed at promoting gender-inclusive entrepreneurship, the Tamil Nadu state government has announced a special subsidy scheme exclusively for women-led partnership firms, providing financial assistance and policy incentives to boost...

 In a firm reiteration of regulatory boundaries, the Bar Council of India (BCI) has clarified that foreign law firms and legal professionals cannot form or participate in partnership firms within India for the purpose of practicing law or offering legal...

 India’s evolving education landscape is witnessing a sharp rise in the formation of academic partnership firms, as educators, trainers, and content developers join hands to launch ventures that combine traditional pedagogy with modern delivery formats. The surge...

 In a significant boost to ease of doing business for small and early-stage entrepreneurs, the Startup India Portal, managed by the Department for Promotion of Industry and Internal Trade (DPIIT), has introduced dedicated registration and guidance options for...

As investment activity in unincorporated businesses gains momentum, a growing number of investors in partnership firms are calling for clearer valuation norms and exit protocols, citing rising disputes and ambiguity in buyout terms. According to legal advisors and...

 In response to growing concerns around sustainability and corporate accountability, the Government of India has introduced a new set of environmental and ESG-related compliance requirements that will now extend to registered partnership firms operating in select...

 As more small and medium-sized enterprises seek consolidation to scale operations, mergers between partnership firms operating across different states are facing increasing legal and procedural challenges, according to legal professionals and business advisory...