Question

which is the maximum number of partners in a non banking company. a.10 b. 50 c.100 d. 200​

Answer 1

Answer:

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

The maximum number of partners in a non-banking company is 50.

• According to the latest Companies Act of 2013, the maximum number of partners in a nonbanking should not be more than 50.

• There must be at least two members to form a partnership firm.

• There maximum number of members in a partnership firm for a banking company is not more than 10 members.