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company as partner

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(Querist)
26 February 2010 can a public limited company can get share on profit, remuneration ,interest etc. from partnership firm in which it is a partner????
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Rasesh

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Rasesh (Expert)
26 February 2010 In my view it can get share on Profit and Interest. However, as regards, remuneration of a company, I am not sure.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
27 February 2010 Yes rasesh is right. Comapny can get share of profit, Interest on capital but no remuneration.
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