Question:medium

A partnership can have maximum 50 partners. This limit has been set by the

Updated On: Mar 26, 2026
  • Central Government
  • State Government
  • Indian Contract Act, 1872
  • Indian Partnership Act, 1932
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The Correct Option is A

Solution and Explanation

The Central Government mandates that a partnership can have a maximum of 50 partners.

Partnership regulations are shaped by various governmental and legal bodies. Legislative authority is the primary determinant of partner number limitations.

The Central Government is the correct authority, as it establishes regulatory frameworks that dictate the maximum partner count in a partnership to facilitate efficient business operations and legal adherence.

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