Question:medium

A partnership firm has 45 partners. It wants to admit 7 more partners into partnership. Only ...... more partners can be admitted in the partnership firm according to Companies Act, 2013.

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The maximum number of partners in a partnership firm under the Companies Act, 2013, is 50 unless registered as a company.
Updated On: Jan 13, 2026
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The Correct Option is C

Solution and Explanation

Under Section 464 of the Companies Act, 2013, a partnership firm is limited to 50 partners, unless it is registered as a company. With the current 45 partners, the firm has capacity for 5 additional partners, as calculated: \[ \text{Remaining partners that can be admitted} = 50 - 45 = 5 \].

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