Regd. No. NW/CH-22 Regd. No. CHD/0092/2018-2020 PUNJAB GOVT. GAZ. (EXTRA), MARCH 2, 2021 1224 (PHGN 11, 1942 SAKA)
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Published by AuthorityPublished by AuthorityPublished by AuthorityPublished by AuthorityPublished by Authority
CHANDIGARH, TUESDAY, MARCH 2, 2021
(PHALGUNA 11, 1942 SAKA)
PUNJAB VIDHAN SABHA SECRETARIAT
NOTIFICATION
The 2nd March, 2021
No. 5-PLA-2021/5.-The Indian Partnership (Punjab Amendment) Bill,
2021 is hereby published for general information under the proviso to rule 121
of the Rules of Procedure and Conduct of Business in the Punjab Vidhan
Sabha (Punjab Legislative Assembly):-
BILL NO. 5-PLA-2021
THE INDIAN PARTNERSHIP (PUNJAB AMENDMENT) BILL, 2021
A
BILL
further to amend the Indian Partnership Act, 1932, in its
application to the State of Punjab.
BE it enacted by the Legislature of the State of Punjab in the Seventy-
second Year of the Republic of India, as follows: -
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PUNJAB GOVT. GAZ. (EXTRA), MARCH 2, 2021
1225
(PHGN 11, 1942 SAKA)
1. (1) This Act may be called the Indian Partnership (Punjab Short title and Commencement.
Amendment) Act, 2021.
(2) It shall come into force on such date as the State Government
may, by notification in the official Gazette, appoint.
Substitution of Schedule I of Central Act 9 of 1932.
2. In the Indian Partnership Act, 1932, in its application to the State of
Punjab, for Schedule I, the following Schedule shall be substituted, namely: -
"SCHEDULE-I
MAXIMUM FEES
[See sub-section (1) of section 71]
Document or act in respect of which Maximum Fee
which the fee is payable
Statement under section 58 Five thousand rupees
Statement under section 60 Five hundred rupees
Intimation under section 61 Five hundred rupees
Intimation under section 62 Five hundred rupees
Notice under section (1) and (2) of Five hundred rupees
section 63
Application under section 64 Five hundred rupees
Inspection of the Register of Firms one hundred rupees for inspection Twenty rupees for each hundred
words or part thereof." 1226 PUNJAB GOVT. GAZ. (EXTRA), MARCH 2, 2021
(PHGN 11, 1942 SAKA)
STATEMENT OF OBJECTS AND REASONS
1) In the Indian Partnership Act, 1932 (9 of 1932) as per its applicability
in the State of Punjab, the prescribed fee structure for various services
as contained in SCHEDULE-I, appended to the said Act is very meagre
and has become irrelevant with passage of time. This fee structure
has not been revised since the aforesaid Act came into force. However,
some of the States have already revised the fee structure for the
various services. Therefore, it has become necessary to revise the
fee structure as contained in SCHEDULE-I, by amending the
SCHEDULE-I Appended to the Indian Partnership Act, 1932.
2) The bill seeks to achieve the above objects.
SUNDER SHAM ARORA,
Industries & Commerce Minister,
Punjab.