A partnersipfirm having more than 20 partners is termed as
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The number of partners in a firm shall not exceed 20 and a partnership having more than 20 persons is illegal. When there is partnership between two firms, all the partners of each firm will be taken into account. ... The partners may agree to share the profits of the business in any way they like.
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According to the Partnership act the maximum no of partners will be 50 hence it will still a firm
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