How many members in partnership?
What is the maximum number of partners in partnership 100 or 200?
Answers (11)
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)