CA Foundation Exam  >  CA Foundation Questions  >  In case of partnership maximum number of memb... Start Learning for Free
 In case of partnership maximum number of members of banking company are: 
  • a)
    10
  • b)
    20
  • c)
    15
  • d)
    30
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
In case of partnership maximum number of members of banking company ar...
Restrictions on the number of persons
The maximum number of members that can exist in partnership is 10 in case of a firm carrying on banking business and 20 in case of any other business.
This restriction is placed by the companies act and not the partnership act.
Community Answer
In case of partnership maximum number of members of banking company ar...
As per companies act 1956 no of partner in banking is 10and 20in other business As per companies act(miscellaneous)2014 is 50
Explore Courses for CA Foundation exam
In case of partnership maximum number of members of banking company are:a)10b)20c)15d)30Correct answer is option 'A'. Can you explain this answer?
Question Description
In case of partnership maximum number of members of banking company are:a)10b)20c)15d)30Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about In case of partnership maximum number of members of banking company are:a)10b)20c)15d)30Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In case of partnership maximum number of members of banking company are:a)10b)20c)15d)30Correct answer is option 'A'. Can you explain this answer?.
Solutions for In case of partnership maximum number of members of banking company are:a)10b)20c)15d)30Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of In case of partnership maximum number of members of banking company are:a)10b)20c)15d)30Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of In case of partnership maximum number of members of banking company are:a)10b)20c)15d)30Correct answer is option 'A'. Can you explain this answer?, a detailed solution for In case of partnership maximum number of members of banking company are:a)10b)20c)15d)30Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of In case of partnership maximum number of members of banking company are:a)10b)20c)15d)30Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice In case of partnership maximum number of members of banking company are:a)10b)20c)15d)30Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev