How many members in partnership?

Not more than 100

Sai Sai

CA Foundation

★ 2K+

24-Apr-20 08:42

Thank you sir

Tanmay Kundu

CA Foundation

★ 120

24-Apr-20 08:49

I was also confused by this question But now its clear

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

Thread Starter

Anonymous CA

CA Foundation

★ 4K+

24-Apr-20 08:51

Thanks

Sai Sai

CA Foundation

★ 2K+

24-Apr-20 08:52

Sorry its 100.

CA Suraj Lakhotia

Admin

24-Apr-20 08:53

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

Thread Starter

Anonymous CA

CA Foundation

★ 4K+

24-Apr-20 08:54

Ok thanks sir

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)

CA Suraj Lakhotia

Admin

24-Apr-20 11:21

Thank you sir

Thread Starter

Anonymous CA

CA Foundation

★ 4K+

24-Apr-20 23:36

Thanks sir

Chinna Sai

CA Inter

★ 7K+

26-Apr-20 10:26