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no, a partnership cannot become a shareholder because shareholders are large but a partnership is only between two persons and they share only between themselves.

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∙ 16y ago

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Related Questions

Can a partnership be a shareholder in company?

No a partnership cannot be a share holder in a company


Is a partnership firm has any legal entity?

No, a partnership firm has no legal entity. Registering the partnership firm means registering the partnership relation. firm has no separate legal entity.


What is the capital required to start a Partnership firm?

There is no limit on the minimum capital for starting a Partnership firm. Therefore, a Partnership firm can be started with any amount of minimum capital.


How many people are required to start a Partnership firm?

A minimum of two Persons is required to start a Partnership firm. A maximum number of 20 Partners are allowed in a Partnership firm.


Name of any partnership firm in India?

State Bank of India is one example of a partnership firm in India.


How do you register the name of a Partnership firm?

If the Partnership firms are business entity that are owned, managed and controlled by one person. So Partners cannot be inducted into a Partnership firm.


Can a non resident become a partner under the Indian Partnership Act 1932?

can a non resident indian become a parter in partnership firm as per Indian Partnership firm.


How do you open a bank account for a Partnership firm?

To open a bank account for a Partnership firm, a registered Partnership deed along with identity and address proof of the Partners need to be provided.


The person who assumes full co-ownership of a partnership including unlimited liability is a?

shareholder


Can a partnership firm give gift to a person through a registered gift deed?

If all the partners agree, then gift can be given by the partnership firm.


What are the aims and objectives of partnership firm?

The aims and objectives of a partnership firm is to provide a service and be successful. All businesses have the same objective and that is to survive.


Shareholder wealth maximization is considered to be a more appropriate goal for the firm than profit maximization because?

Shareholder wealth maximization is considered to be a more appropriate goal for the firm than profit maximization