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      Question

      Which of the following Sections of the Companies Act

      fixes the maximum number of partners in a partnership firm?ย 
      A Section 464 Correct Answer Incorrect Answer
      B Section 463 Correct Answer Incorrect Answer
      C Section 460 Correct Answer Incorrect Answer
      D Section 450 Correct Answer Incorrect Answer
      E Section 453 Correct Answer Incorrect Answer

      Solution

      Section 464 limits the number of partners in a partnership firm, with further rules prescribing limits like 50 partners as per Companies (Miscellaneous) Rules, 2014.

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