why max members as companies act is 100 and 50 as per rules which should be considered .
what is difference between act and rules and the need for rules.
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no of members in partner ship firm
Replies (5)
Rules are nothing but part of Act.To understand an Act we have to study Rules,Circulars, Notifications,Caselaws.
thankyou
if rules are part of it why it is 50as per rules and 100 as per act
That means present limit is 50.
present limit is 50,
but if govt. thinks fit it can be raised upto 100.
rules are to be read with act.
but if govt. thinks fit it can be raised upto 100.
rules are to be read with act.
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