please confirm that a private limited company be a partner in the partnership.
i want to execute a partnership deed , the partners are 1. Mr.X, 2.Mr.Y 3. ABC Pvt.Ltd.. is this correct ?
i request the members to comfirm the same.
chandra (audit assistant) (58 Points)
10 June 2013please confirm that a private limited company be a partner in the partnership.
i want to execute a partnership deed , the partners are 1. Mr.X, 2.Mr.Y 3. ABC Pvt.Ltd.. is this correct ?
i request the members to comfirm the same.
Sarvesh
(Company Secretary)
(179 Points)
Replied 11 June 2013
Yes a private company can become partner in a partnership firm and should be represented in this regard by its authorised signatory/representative.