Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Accounting for Partnership

Question:

By virtue of which Section of the Companies Act 2013, the Central Government is empowered to prescribe the maximum number of partners in a firm, but the number of partners can not be more than 100?

Options:

Section 364

Section 464

Section 460

Section 454

Correct Answer:

Section 464

Explanation:

The correct answer is Option (2) → Section 464