The max. no. of partners in a partnership has been provided under
Verified Answer
A. Indian Companies Act, 1956
B. Indian Contract Act, 1872
C. Indian Trusts Act, 1882
D. Indian Partnership Act, 1932
Explanation:
While the Indian Partnership Act, 1932, defines and regulates partnerships, the maximum number of partners in a non-banking partnership (50) and banking partnership (10, under the 1956 Act) is specified under the Companies Act (Section 11 of the Companies Act, 1956, and now Section 464 of the Companies Act, 2013).