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How many members in partnership?

What is the maximum number of partners in partnership 100 or 200?


Anonymous CA

Anonymous CA

CA Foundation

4K+

24-Apr-20 07:56

26

Answers (11)

Not more than 100


Sai Sai

Sai Sai

CA Foundation

2K+

24-Apr-20 08:42

Thank you sir


Tanmay Kundu

Tanmay Kundu

CA Foundation

120

24-Apr-20 08:49

I was also confused by this question But now its clear


Tanmay Kundu

Tanmay Kundu

CA Foundation

120

24-Apr-20 08:50

But in book it is mentioned 100 sir i accountancy book partnership chapter ICAI material


Anonymous CA

Anonymous CA

CA Foundation

4K+

24-Apr-20 08:51

Thanks


Sai Sai

Sai Sai

CA Foundation

2K+

24-Apr-20 08:52

Ok sir thank just want to confirm because you have mentioned 200 members in BCK lectures kindly change this in upcoming lectures.Thank You


Anonymous CA

Anonymous CA

CA Foundation

4K+

24-Apr-20 08:54

Ok thanks sir


Sai Sai

Sai Sai

CA Foundation

2K+

24-Apr-20 08:55

Maximum partners shall be 50 as per the rule. (N/A for professionals governed by special acts) S 464 says "no partnership consisting of such number of person as may be prescribed...." "And prescribed persons shall not exceed 100". Accordingly, Relevant rule says 'not exceeding 50' (which is within the max ceiling of 100)


Suraj Lakhotia

Suraj Lakhotia

Admin

24-Apr-20 11:21

Thank you sir


Anonymous CA

Anonymous CA

CA Foundation

4K+

24-Apr-20 23:36

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