Business Studies, asked by Vanu143, 7 months ago

in partnership maximum number of members in banking business

Answers

Answered by loparathod2609

2

Answer:

Option A is correct One.

The new Companies Act 2013 has prescribed the maximum number of members in case of a partnership firm should not be more than 100 in case of partnerships. As per the previous Companies Act 1956, the maximum limit in case of partnerships was 10 and 20 for banking business and other businesses respectively.

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