Maximum number of partners in partnership firm in India

Maximum number of partners in partnership firm in India

·         Partnership act does not limit the number of Partners
·         Companies Act 1956 Section 11 prescribed maximum as 20 (indirectly)
·         Companies Act 2013 Section 464 stated that maximum can be 100 –Rulesmade thereto - Rule 10 of Chapter 29 – limits the same to Fifty (50)
·         Thus maximum number in a partnership firm can be fifty (50) only.