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What is the maximum number of partners that a partnership firm can have? Name the Act that provides for the maximum number of partners in a partnership firm.  (Delhi 2016)

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

The maximum number of partners in a firm can be 50 as per Section 464 of the Companies Act, 2013 read along with Rule 10 of the Companies (Miscellaneous) Rules, 2014.


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Previous PostWhat is the minimum number of partners a firm should have?
Next PostA group of 40 people wants to form a partnership firm. They want your advice regarding the maximum number of persons that can be there in a partnership firm and the Name of the Act under whose provisions, it is given. (AI 2016)

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