India’s Micro, Small and Medium Enterprises (MSME) sector has responded positively to the Union Budget’s announcement to incentivize formalization of partnership firms through legally registered Partnership Deeds. The move is being viewed as a significant step toward...
News Articles
Government Plans Compliance Dashboard for Small Firms
In a major step toward improving ease of doing business for micro and small enterprises, the Government of India is preparing to launch a centralized Compliance Dashboard aimed at helping small firms—including partnership entities—track and manage their regulatory...
Major Retail Chain Forms Strategic Partnership with Regional Firm
In a strategic move aimed at strengthening regional market penetration, one of India’s leading retail chains has announced a partnership agreement with a prominent South India-based regional firm, combining national reach with local market expertise to...
Real Estate Sector Sees Spike in Partnership-Based Investments
The Indian real estate sector is witnessing a significant shift in investment dynamics, with a growing number of developers, landowners, and investors opting for partnership firm structures to pool capital and share project risks. This trend is particularly strong in...
Women Entrepreneurs Lead Rise in Partnership Ventures
A new wave of women-led partnership firms is transforming India’s small business landscape, with increasing numbers of female entrepreneurs choosing the partnership model to launch and scale ventures across sectors such as retail, education, food services, fashion,...
Legal Literacy Campaign Launched for Small Partnership Firms
In an effort to strengthen legal awareness and compliance among India’s micro and small business community, the Ministry of Micro, Small and Medium Enterprises (MSME), in collaboration with legal aid authorities and state governments, has launched a nationwide...
Partnership Firms to Submit Financial Projections for Credit
In a move aimed at improving credit risk assessment and promoting responsible lending, public and private sector banks across India have begun requiring partnership firms to submit detailed financial projections as part of their business loan application...
Startups Shift Back to Partnership Model Amid Regulatory Burden
In a notable shift, a growing number of early-stage startups across India are moving away from private limited company structures and reverting to traditional partnership firms in response to rising regulatory costs and compliance obligations under corporate...
Chennai High Court Upholds Deed Rights in Partnership Exit
In a significant judgment reinforcing the sanctity of written partnership agreements, the Madras High Court has ruled in favor of a retiring partner, holding that the terms outlined in the Partnership Deed are legally binding and must govern the exit process and...
ED Probes Multi-State Fraud Involving Partnership Networks
The Enforcement Directorate (ED) has launched an extensive investigation into a multi-state financial fraud involving a web of partnership firms allegedly used to route illicit funds, fabricate invoices, and launder money across various industries. The probe,...