Under Rule 10 of the Companies (Miscellaneous) Rules, 2014, what is the maximum number of members a partnership firm in India is permitted to have in practice?

1. Section 464 allows the Central Government to notify the cap. 2. The Government has prescribed the operative figure through Rule 10 of the Companies (Miscellaneous) Rules, 2014. 3. That rule pegs the figure at 50 members. 4. So although the statute allows up to 100, in practice a partnership firm cannot exceed 50. _Source: ICSI CS Executive Paper 3 (Setting up of Business Entities and Closure) — Lesson 1: Choice of Business Organisation, pp. 2-11._