a group of 60 persons want to form a partnership business in india. can they do so? give reason in support of your answer
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No, maximum no. of partners as per the Companies Misc. rule , 2014 is 50 persons.
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According to the Indian partnership act 1932,
the maximum limit of member of any partnership business is 50 .so that this group of 60 Epson can not form partnership business.
the maximum limit of member of any partnership business is 50 .so that this group of 60 Epson can not form partnership business.
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