Registration of Partnership (Sections 58-71): Registration optional but recommended. Benefits: Registered partnership has legal status; can sue in firm name; unregistered partnership cannot sue third parties; partners can sue each other. Registration procedure: Filing partnership registration form with Registrar of Firms. Requirements: Partnership name, partners, business address, commencement date. Effect of registration: Certificate issued; firm obtains legal standing; third parties have notice of partnership. Unregistered partnership consequences: Cannot sue third parties for contracts; members cannot claim partnership status against third parties. Case law: M. Rama Rao v. Gopal establishes registration benefits. Partnerships agreement recorded: Should contain all material terms. For accountants, partnership registration status affects legal enforceability and audit procedures. Unregistered partnerships may have collection difficulties. Registration records provide evidence of partnership existence. Exam tip: Understand registration benefits; identify unregistered partnership consequences; assess enforceability against third parties.