Dear collegues,
Can a partnership firm be registered with another firm as one of the partner ?
In other words, whether a partnership firm can become a partner in another partnership firm ?
Please advise...
Vinod (CA in Practice) (445 Points)
05 January 2012Dear collegues,
Can a partnership firm be registered with another firm as one of the partner ?
In other words, whether a partnership firm can become a partner in another partnership firm ?
Please advise...
Vineet Goyal
(Assistant Manager - Finance & Accounts)
(702 Points)
Replied 05 January 2012
No. Partnership firm cannot be partner in another partnership firm.