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Partnership firm

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Querist : Anonymous

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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.
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Bharath Kumar

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Bharath Kumar (Expert)
20 August 2012 There is no amount prescribed
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Amol S Joglekar

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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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