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Illegal association

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(Querist)
24 August 2015 I have learnt that under companies rules 2014 any partnership or association of persons with more than 50 members not registered as a company is called as illegal association. Does this imply that every partnership firm or AOP must register as company if they have more than 50 members as per rule ?
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Amol S Joglekar

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Amol S Joglekar (Expert)
24 August 2015 The choice is with the partners.

So far as Companies Rules are concerned, such firm or AOP is regarded as illegal association.
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