CMA Intermediate · Business Laws and Ethics · Indian Partnership Act, 1932
Under section 58 of the Indian Partnership Act, 1932 (central text), a firm name cannot contain the word 'Royal' unless:
A firm name may contain the word 'Royal' only when the State Government signifies its consent by order in writing. Section 58(3) bars such words, along with Crown, King and Queen, and neither the Registrar nor the partners' declaration can lift the bar.
- Athe Registrar of Firms permits it in writing
- Ball the partners sign a declaration to that effect
- Cthe State Government signifies its consent to such use by order in writingCorrect
- Dthe firm has been registered for at least five years
Explanation
Section 58(3) prohibits words such as Crown, Emperor, Empress, Empire, Imperial, King, Queen and Royal in a firm name, except when the State Government signifies its consent by order in writing. The Registrar or the partners cannot give this permission.
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