Effects of non regestration:

1.The effects of non regestration are as follows:

2.The transactions have no legality

3.The firm cannot borrow loan from banks

4.It cannot export and import goods

5.It cannot file a suit against a third party

6.A partner or third party cannot sue the firm for claims

7.A fine is charged by the concerned department

8.The registration of a firm may be cancelled for non-renewal

                                                                               In conclusion,all the firm should be registered so that it donot have to face problems in near future .so every firm should be registered.