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Answer in One Sentence Only. How Many Persons Are Required to Form Partnership Business? - Book Keeping and Accountancy

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प्रश्न

Answer in one sentence only.
How many persons are required to form partnership business?

एक पंक्ति में उत्तर
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उत्तर

At least two persons are required to form a partnership business. However, according to the Companies Act, 1956, a firm cannot have more than 10 partners in case of banking business and not more than 20 persons in case of any other business.

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अध्याय 1: Introduction to Partnership - Exercise 1 [पृष्ठ १३]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
अध्याय 1 Introduction to Partnership
Exercise 1 | Q 4 | पृष्ठ १३
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