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no of members in partner ship firm

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11 Points Joined November 2017
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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On 06 December 2017 at 23:31 Report
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student
108 Points Joined December 2015
Rules are nothing but part of Act.To understand an Act we have to study Rules,Circulars, Notifications,Caselaws.
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On 07 December 2017 at 21:47
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11 Points Joined November 2017
thankyou
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On 09 December 2017 at 00:27
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11 Points Joined November 2017
if rules are part of it why it is 50as per rules and 100 as per act
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On 09 December 2017 at 00:29
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student
108 Points Joined December 2015
That means present limit is 50.
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On 09 December 2017 at 08:41
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CA-Final Student
801 Points Joined October 2017
present limit is 50,
but if govt. thinks fit it can be raised upto 100.
rules are to be read with act.
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On 15 December 2017 at 06:47

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