alleryMaximum number of partners in a partnership firm under the Companies Act 2013 (as amended) is
A50
B20
C10
D100
Answer & Solution
Correct answer: A. 50
1. The Indian Partnership Act 1932 itself does not cap partner count.
2. The Companies Act 2013 (amended 2014) limits a partnership to 50 partners.
3. Beyond that, an association becomes an unlawful association.
4. Hence the maximum is 50.
_Source: Maharashtra Balbharati Std XII Book-Keeping & Accountancy, Ch 1 "Introduction to Partnership and Partnership Final Accounts", §1.1 ¶§1.1_
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