Partnership firm

Parveen Kr. Aggarwal (Querist) 20 December 2009 This query is : Resolved
What is the upper limit of number of partners in a partnership firm in India?

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A V Vishal (Expert) 20 December 2009
At least two members are required to start a partnership business. But the number of members should not exceed 10 in case of banking business and 20 in case of other business. If the number of members exceeds this maximum limit, then that business is not called as a partnership business legally.

alokraman (Expert) 20 December 2009
as per sec 11 of CompanIES act 1956 any association having member exceeding 20 is illegal if not registered as company Thus partnership canot have more than 20 members .