Partnership firm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 August 2012
Sir/Madam
Please let me know whether there is minimum or maximum limit for capital contribution by partners for formation of partnership firm?
If yes please specify sections also.
Please let me know whether there is minimum or maximum limit for capital contribution by partners for formation of partnership firm?
If yes please specify sections also.
Bharath Kumar
(Expert)
20 August 2012
There is no amount prescribed
Amol S Joglekar
(Expert)
20 August 2012
No such restriction. The stamp duty is to be paid as per the capital contribution .. that is the only key area.
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