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A banking partnership business can have
not more than 10 partners
not more than 20 partners
not more than 50 partners
any no. of partners
The new Companies Act 2013 has prescribed the maximum number of members in case of a partnership firm should not be more than 100 in case of partnerships. As per the previous Companies Act 1956, the maximum limit in case of partnerships was 50 and 20 for banking business and other businesses respectively
By: SWAPNIL AGGARWAL ProfileResourcesReport error
Gunjan Dwidevi
kindly confirm it.. is it 20 or 50 .. because in video lecture you have said that according to Company rules 2014 it is 50
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