Who can be partners of partnership firm
This query is : Resolved
25 July 2017
Can a registered partnership firm be a partner of another partnership firm??
26 July 2017
A partnership firm is not a person and therefore a firm can not enter into partnership with any firm or individual. But a partner of the partnership firm can enter into partnership with other persons and he can share the profits of the said firm with his other co-partners of the parent firm.
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