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Question
A, B, C and D are partners in a firm. What is the maximum number of additional members that can be admitted by them in the firm?
Options
02
50
20
46
MCQ
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Solution
46
Explanation:
Under the Companies Act, 2013, the maximum number of partners allowed in a partnership firm is 50. Since there are already four partners, the maximum additional partners that can be admitted are (50 − 4) = 46.
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