Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Accounting for Partnership

Question:

Under which Section & Act, the Central Government is empowered to prescribe a maximum number of partners in a firm, but the number of partners can not be more than 100?

Options:

Section 464 of the Companies Act 1932

Section 464 of the Companies Act 2013

Section 4 of the Companies Act 2013

Section 4 of the Companies Act 1932

Correct Answer:

Section 464 of the Companies Act 2013

Explanation:

The correct answer is Option (2) → Section 464 of the Companies Act 2013