can a co-operative society become a partner in a partnership firm. and can a group of co-operative societies form a partnership firm or not?
RAHUL
(Student CA Final )
(377 Points)
Replied 21 January 2016
As per the Indian Partnership Act 1932, Partnership is the relationship between PERSONS who have agreed to share the profits of a business...
I don't think the word 'persons' can be used to refer to any other entities other than Individuals.
In my opinion, the answer to your query: NO.
Kamal vashist
(Accountant)
(183 Points)
Replied 21 January 2016
No a co-operative society can neither be a partnership
the definition of partnership is just and only include persons and c0-operative society is not a person
on the other hand partnership shall be made with 2 or more person weather for co-operative soceity there is an need of atlest 50 persons
vijay
(CA)
(158 Points)
Replied 21 January 2016
vijay
(CA)
(158 Points)
Replied 21 January 2016
vijay
(CA)
(158 Points)
Replied 21 January 2016
vijay
(CA)
(158 Points)
Replied 21 January 2016
vijay
(CA)
(158 Points)
Replied 21 January 2016
vijay
(CA)
(158 Points)
Replied 21 January 2016
vijay
(CA)
(158 Points)
Replied 21 January 2016
vijay
(CA)
(158 Points)
Replied 21 January 2016
Amit kamble
(dgm)
(26 Points)
Replied 21 January 2016
Amit kamble
(dgm)
(26 Points)
Replied 21 January 2016
Amit kamble
(dgm)
(26 Points)
Replied 21 January 2016
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