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Partner in a firm

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 November 2011 Can a Company be a Partner in a Firm?..
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
22 November 2011 Yes can be a partner but cannot draw remuneration from the firm.
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RG - A Helping Hand

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RG - A Helping Hand (Expert)
22 November 2011 Agree with expert.

A company can be a partner in a firm. And on the contrary a partnership firm can not be a member of a company due to its uncertain life.
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