As per Indian Companies Act, 2013 a Partnership firm can have maximum 100 Partners. Though, it might sound strange but upper limit on number of partners are fixed under Companies Act and not in Partnership Act. So currently maximum limit is 100 in case of non banking company.

**Limit of Partners in Partnership and Non-Banking Business**

The limit of partners in a partnership and non-banking business is determined by the provisions mentioned in the relevant acts. In many countries, partnerships are governed by partnership acts or statutes, while non-banking businesses are regulated by company laws or acts. It is important to note that the limit of partners may vary from one jurisdiction to another. However, in general, there are certain guidelines that can be followed.

**Partnership Act Limit**

Under the Partnership Act, the limit of partners in a partnership is specified as follows:

1. **Unlimited Partnership**: In an unlimited partnership, there is no maximum limit on the number of partners. This means that any number of individuals can come together and form a partnership without any legal restrictions on the number of partners.

2. **Limited Partnership**: In a limited partnership, there is generally a limit on the maximum number of partners. This limit varies depending on the jurisdiction and the specific provisions of the partnership act. In many countries, the maximum limit of partners in a limited partnership is set at 20. However, it is important to consult the relevant partnership act of the specific country to determine the exact limit.

**Non-Banking Business Limit**

In non-banking businesses, the limit of partners is determined by the company laws or acts of the respective country. The following points should be considered:

1. **Private Limited Company**: In a private limited company, there is a limit on the maximum number of shareholders or members. The specific limit may vary depending on the country. For example, in India, the Companies Act, 2013 stipulates that a private limited company can have a maximum of 200 members.

2. **Public Limited Company**: In a public limited company, there is generally no maximum limit on the number of shareholders or members. These companies can have a large number of shareholders and can raise capital from the general public by issuing shares.

It is important to note that the limits mentioned above are general guidelines and may vary depending on the jurisdiction and the specific provisions of the partnership act or company laws. Therefore, it is advisable to consult the relevant legislation or seek legal advice to determine the exact limit of partners in a partnership or non-banking business in a particular country.