Maximum number of partners in a partnership are prescribed under which section of the Companies Act 2013? |
215 350 464 None of the above |
464 |
The correct answer is option 3- 464. 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 cannot be more than 100. The Central government has prescribed the maximum number of partners in a firm to be 50. |