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Question
The maximum number of partners allowed in a firm carrying on general business is _______.
The maximum number of partners allowed in a firm carrying on general business is _______.
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Solution
The correct option is B 20
A business which is exempted from providing any kind of banking facility is a non-banking or general business.Companies act 2013 has laid down the rule for such business when it comes to partnership that maximum 20 partners can only enter into the business. Above this, an illegal tag would be put on the business of that firm and no one can question about this tag.
A business which is exempted from providing any kind of banking facility is a non-banking or general business.
Companies act 2013 has laid down the rule for such business when it comes to partnership that maximum 20 partners can only enter into the business. Above this, an illegal tag would be put on the business of that firm and no one can question about this tag.
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