asheeq ua (ca ipcc) 06 August 2020
1.Can a partnership firm have more than 1 managing partner?
2.Out of 6 partners can 6 of them be appointed as managing partners?
3.If yes, assuming there are 2 managing partners, Can anyone of managing partner sign the bank transactions/authorisations and other major contract approvals ??
4.Will this be in violation to any of the laws prevailing in India??