Can anyone say me that a one partneship firm can become partner in other partneship firm?
Ketan Gadhiya (Article) (49 Points)
10 July 2012Can anyone say me that a one partneship firm can become partner in other partneship firm?
Manjunatha M K
(Manager - Accounts)
(318 Points)
Replied 10 July 2012
A partner Ship Firm Can't become partner in another firm, as the partner ship firm is not separate legal entity.
But an LLP can be partner in another Partnership firm as an LLP is separate Leagl entity.
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