partnership
This query is : Resolved
10 September 2010
i want to know that whats the limit of partnerships for a chartered.
10 September 2010
Maximum limit on numbers of partners
According to section 11 of the companies Act, 1956, the
maximum limit is as under :
a. In case of a partnership firm carrying on a banking
business – 10
b. In case of a partnership firm carrying on any other
business – 20
According to section 11 of the companies Act, 1956, the
maximum limit is as under :
a. In case of a partnership firm carrying on a banking
business – 10
b. In case of a partnership firm carrying on any other
business – 20
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