The maximum number of persons permissible for a valid partnership for doing Banking business is:

Related MCQs

• Where the maximum number of partners in a firm carrying on banking business exceeds ten and in any other firm exceeds twenty, then the partnership becomes a:
• The relation of partnership arises from contract and not from status and in particular the Indian Partnership Act does not apply to the family business carried on by:
• A partnership in a banking business can have:
• A partnership in a non-banking business can have:
• The minimum number of persons required for a partnership is:
• The term 'partnership' has been defined under…………of the Partnership Act, 1932:
• Under section 4 of the Indian Partnership Act, 1932, partnership is a:
• Limited Liablility partnership is a form of partnership that:
• A partnership for which no period or duration is fixed under the Indian Partnership Act is known as :
• For constituting a partnership within the meaning of section 4 of the Indian Partnership Act,1932.