partnership act
srinivasa rao (19 Points)
07 June 2019
what is the maximum limit of partners for partnership firm
2 Replies
Shriti Goyal
(625 Points)
Replied 07 June 2019
according to companies act 2013, maximum limit of partners in A partnership is 100...
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 12 June 2019
Number of Partners is minimum 2 and maximum 50 in any kind of business activities.Since partnership is 'agreement' there must be minimum two partners. The Partnership Act does not put any restrictions on maximum number of partners.
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