Question

The maximum number of partners in a partnership firm as per Companies Act, 2013 is:

• A. 20
• B. 50
• C. 100
• D. No limit

Hint:

The number of partners in a partnership firm is unlimited under the Companies Act, 2013.

Answer 1

The Correct Option is D

Step 1: Understanding the Companies Act.
As per the Companies Act, 2013, the maximum number of partners in a partnership firm is not limited. There is no upper cap on the number of partners in a partnership firm.
Step 2: Analysis of other options.

• (A) 20: Incorrect. This is the limit for a partnership firm in certain cases under the old laws.
• (B) 50: Incorrect. This is the limit for certain types of firms in some jurisdictions, but not as per the Companies Act, 2013.
• (C) 100: Incorrect. The number of partners is not capped under the Companies Act, 2013.
• (D) No limit: Correct. As per the Companies Act, 2013, there is no limit on the number of partners in a partnership firm.

Step 3: Conclusion.
Therefore, the correct answer is that there is no limit on the number of partners. Final Answer:} No limit.