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The maximum numbers of partners is mentioned
- a)The Partnership Act
- b)The Companies Act
- c)The Societies Registration Act
- d)The Limited Liability Partnership Act
Correct answer is option 'B'. Can you explain this answer?
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The maximum numbers of partners is mentioneda)The Partnership Actb)The...
Yes it is mentioned in companies act 2013 alongwith rule no.10 of companies rules
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The maximum numbers of partners is mentioneda)The Partnership Actb)The...
Partnership Act
The Partnership Act does not specify a maximum number of partners in a partnership. It only requires that a partnership must have a minimum of two partners to be formed.
Companies Act
Under the Companies Act, the maximum number of partners in a partnership is limited to 100 for banking business and 50 for any other type of business. This Act regulates the formation and operations of companies in India, including partnerships.
Societies Registration Act
The Societies Registration Act does not deal with the maximum number of partners in a partnership. It primarily governs the registration and management of societies, not partnerships.
Limited Liability Partnership Act
The Limited Liability Partnership Act allows for the formation of a new type of business entity known as a Limited Liability Partnership (LLP). LLPs have partners, not shareholders, and there is no specified maximum limit on the number of partners in an LLP.
The Partnership Act does not specify a maximum number of partners in a partnership. It only requires that a partnership must have a minimum of two partners to be formed.
Companies Act
Under the Companies Act, the maximum number of partners in a partnership is limited to 100 for banking business and 50 for any other type of business. This Act regulates the formation and operations of companies in India, including partnerships.
Societies Registration Act
The Societies Registration Act does not deal with the maximum number of partners in a partnership. It primarily governs the registration and management of societies, not partnerships.
Limited Liability Partnership Act
The Limited Liability Partnership Act allows for the formation of a new type of business entity known as a Limited Liability Partnership (LLP). LLPs have partners, not shareholders, and there is no specified maximum limit on the number of partners in an LLP.
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The maximum numbers of partners is mentioneda)The Partnership Actb)The Companies Actc)The Societies Registration Actd)The Limited Liability Partnership ActCorrect answer is option 'B'. Can you explain this answer?
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The maximum numbers of partners is mentioneda)The Partnership Actb)The Companies Actc)The Societies Registration Actd)The Limited Liability Partnership ActCorrect answer is option 'B'. 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 The maximum numbers of partners is mentioneda)The Partnership Actb)The Companies Actc)The Societies Registration Actd)The Limited Liability Partnership ActCorrect answer is option 'B'. 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 The maximum numbers of partners is mentioneda)The Partnership Actb)The Companies Actc)The Societies Registration Actd)The Limited Liability Partnership ActCorrect answer is option 'B'. Can you explain this answer?.
The maximum numbers of partners is mentioneda)The Partnership Actb)The Companies Actc)The Societies Registration Actd)The Limited Liability Partnership ActCorrect answer is option 'B'. 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 The maximum numbers of partners is mentioneda)The Partnership Actb)The Companies Actc)The Societies Registration Actd)The Limited Liability Partnership ActCorrect answer is option 'B'. 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 The maximum numbers of partners is mentioneda)The Partnership Actb)The Companies Actc)The Societies Registration Actd)The Limited Liability Partnership ActCorrect answer is option 'B'. Can you explain this answer?.
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