1. A Registration firm can file a suit in the court of law against third party. But it is not possible in case of an unregistered firm.
2. A registered firm can file a case against the other partners against the loans they owe to the firm.
3. The third parties can file a case against an unregistered firm for the recovery of lo
4. Any partner can file a case against the firm or other partners for the dissolution of the firm or the settlement of accounts.