Can a Private limited company be a partner in a Partnership Firm?
Vijay Sarathi H (PARTNER) (562 Points)
30 July 2008Can a Private limited company be a partner in a Partnership Firm?
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 30 July 2008
Oh yes. Why not?
manish bairagi
(practice & coaching)
(106 Points)
Replied 30 July 2008
yes! as the company is also an artificial person & can act on behalf of many members, it has it's perpetual common seal & legal entity, it is jus like a person to join the firm as a partner.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
