Membership
This query is : Resolved
04 May 2014
Can a registered partnership firm become members in company, if no then what is the reason behind these
04 May 2014
In India, you cannot hold shares in partnership firm's names as a firm is not recognised as a separate legal entity (except for tax purposes). please refer this discussion
https://www.lawyersclubindia.com/forum/Can-partnership-firm-invest-in-shares-in-india--5848.asp#.U2YNxKIVe8A
https://www.lawyersclubindia.com/forum/Can-partnership-firm-invest-in-shares-in-india--5848.asp#.U2YNxKIVe8A
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