Section 66 of IPA : Section 66: Inspection Of Register And Filed Documents

Explanation using Example

Imagine a scenario where Rahul, a local entrepreneur, is considering entering into a partnership with a firm named 'Tech Innovations'. Before finalizing the partnership, Rahul wishes to perform due diligence on the firm. He decides to inspect the Register of Firms to check the legitimacy and other details of 'Tech Innovations'.

Rahul visits the Registrar of Firms' office and requests access to the register. He pays the prescribed fee and is granted the opportunity to inspect the records. There, he reviews the statements, notices, and intimations filed by 'Tech Innovations' under the Indian Partnership Act, 1932. This information helps him make an informed decision about his potential partnership with the firm.