Timelines prescribed for registration of partnerships
Reform IDA169
Reform Description
Timelines prescribed for registration of partnerships

Before: Previously, there was no pre-set timeline for the registration of partnerships once the application had been filed. Partnerships had to wait for registration before commencing operations.

After: The Azad Jammu and Kashmir Partnership (Amendment) Act (1965) has prescribed the timelines. Now a partnership business can be registered with the registrar of firms in 07 days.

SectorAll Sectors
BeneficiariesAll Businesses
Jurisdiction/ LocationAzad Jammu and Kashmir
DepartmentRegistrar of Firms of all Provinces
Date of Implementation12-08-2020
DetailsDifficultyPreviously, there were no pre-set timelines for the registration of partnerships once the application had been filed. Partnerships had to wait for registration before commencing operations.
AnalysisThere was a dire need to set the timelines to ensure the timely registrations of partnerships businesses.
SolutionAzad Jammu and Kashmir Partnership (Amendment) Act (1965) has prescribed the timelines. Now a partnership business can be registered with the registrar of firms in 07 days.
Evidence