The Central Government has prescribed the maximum number of partners in a firm to be....... |
100 50 20 10 |
50 |
The correct answer is option 2- 50. The Central government has prescribed the maximum number of partners in a firm to be 50. By virtue of Section 464 of the Companies Act 2013, the Central Government is empowered to prescribe maximum number of partners in a firm but the number of partners can not be more than 100. The Central government has prescribed the maximum number of partners in a firm to be 50. |