CUET Preparation Today
| Which Act specified the maximum no of partners in a partnership firm? |
Companies Act,2013 Indian Partnership Act,1932 Indian Contract Act,1872 Banking Regulation Act,1949 |
| Companies Act,2013 |
| Companies act,2013 empowered the Central govt to prescribe the maximum no of partners in a firm but the no of persons cannot be more than 100. Central govt has prescribed this limit to 50. |
