banner_ad

PARTNERSHIP FIRMS

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 December 2009 CAN A CO OPERATIVE SOCIETY BECOME A PARTNER IN PARTNERSHIP FIRM
Profile Image

Divya

Profile Image

Divya (Expert)
03 December 2009 Yes it can be a partner.

A Partnership is defined as under the partnership act as a relation between persons who have agreed to share the profits of a business carried on by all of them or any of them. The Act does not provide for the definition of the term "person", so here we have to interpret the term in terms of the General Clauses Act which defines the term as any company, association, body of individuals whether incorporated or not. A co-operative society being a legal entity can become a partner of a partnership firm.

Hope the above clarifies.
Regards
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
09 August 2023
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details