As per companies Act there can be _____no of partners.
A
100
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B
10
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C
Unlimited
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D
50
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Solution
The correct option is A 100 The maximum number of partners in a partnership firm is 100. The new Companies Act 2013 provides that the maximum number of members for a partnership shall not exceed 100. A partnership is created by the agreement of at least two or more individuals to contribute capital and engage in business.