Partnership act 1932

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 August 2011 IN PARTNERSHIP ACT 1932,
MAXIMUM NO OF PARTNERS IS 20 IN ALL KIND OF BUSINESS & IN BANKING ONLY 10.


1. WHY ONLY 20 & 10 PARTNERS ARE DECIDED IN ACT?

2.WHY 20 OR MORE PARTNERS ARE NOT FOR BANKING BUSINESS?

06 August 2011 in law no one can answer WHY?????????

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 August 2011 IN PARTNERSHIP ACT 1932,
MAXIMUM NO OF PARTNERS IS 20 IN ALL KIND OF BUSINESS & IN BANKING ONLY 10.


1. WHY ONLY 20 & 10 PARTNERS ARE DECIDED IN ACT?

2.WHY 20 OR MORE PARTNERS ARE NOT FOR BANKING BUSINESS?


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Querist : Anonymous

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Querist : Anonymous (Querist)
12 August 2011 ALSO THERE IS SOMETHING THAT IN IT DECIDED AS SO.



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