Why there is no limit in the maximum no. of partners in an L.L.P.( limited liability partnership)
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Under Partnership Act, 1932 there is no such limit on minimum number and maximum number of partners in partnership firm is mentioned.
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Minimum and Maximum Numbers of Partners in LLP vis-a-vis partnership.
Particular The LLP The Partnership
Maximum Number of Partners No Limit 50 (Effective from 01/04/2014)
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