Question

maximum and minimum no. of partners in partnership business??

Answer 1

Answer:

100

Explanation:

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.

Answer 2

Answer:

According to the Partnership Act 1932 and its amended act ,the maximum number of partners is 50 while the minimum number of partners is 2

in the partners firm