Which Act empowers the Central Governmen

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Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Accounting for Partnership

Question:

Which Act empowers the Central Government to prescribe a maximum number of partners in a partnership firm :-

Options:

The Companies Act 2014

The Partnership Act 2013

The Companies Act 2013

The Partnership Act 1932

Correct Answer:

The Companies Act 2013

Explanation:

The correct answer is Option (3) → The Companies Act 2013