What is the maximum number of partners permissible in a banking business under the Indian Partnershi

Q. What is the maximum number of partners permissible in a banking business under the Indian Partnership Act, 1932?
Answer: 10
Notes: According to the Indian Partnership Act, 1932, a banking business can have a maximum of 10 partners. This limitation is essential to ensure stability and trust within banking operations, as exceeding this number renders the partnership invalid.

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