English
CBSECommerce (English Medium) Class 12
Question Papers3000
Textbook Solutions36125
MCQ Online Mock Tests42
Important Solutions23873
Concept Notes & Videos697
Time Tables25
Syllabus

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.

Advertisements
Advertisements

Question

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.

Very Short Answer
Advertisements

Solution

As per the Companies Act, 2013, the maximum number of partners in a partnership firm can be 50.

shaalaa.com
  Is there an error in this question or solution?
Q 7.
Chapter 1: Accounting for Partnership Firms - Fundamentals - VERY SHORT ANSWER QUESTIONS (1 Mark) [Page 1.128]

APPEARS IN

D. K. Goel Accountancy Part 1 and 2 [English] Class 12 ISC
Chapter 1 Accounting for Partnership Firms - Fundamentals
VERY SHORT ANSWER QUESTIONS (1 Mark) | Q 7. | Page 1.128
2015-2016 (March) Foreign Set 1 (with solutions)
Q 1 | 1 mark
Share
Notifications

Englishहिंदीमराठी
Login
Create free account


      Forgot password?
Course
Use app×