Can one person be a partner in more than 2 firms( Tamilnadu, India)
5 years ago
If yes, he/ she can take their share/profit/salary from 2 firms.. Upto how many firms one person can able to be a partner by law.
GANESH SHARMA
Responded 5 years ago
A.Yes but there should not be any conflict of interest with in the firms
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Ambrose Leo
Responded 5 years ago
A.Yes. under the law Provided there is no adverse interest of partners in firm.Further there should not be any restriction in partnership deed on partner becoming partner with vested interests.
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Ashish K Dongre
Responded 5 years ago
A.Yes he/she can
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Rajeev RJ
Responded 5 years ago
A.There is no such restriction.
Regards
Rajeev
RJ Associates
Trivandrum
Regards
Rajeev
RJ Associates
Trivandrum
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Anonymous
Replied 5 years ago
Thank you for your helpful answer!
Manjula Shanmugasundaram
Responded 5 years ago
A.Yes
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Anonymous
Replied 5 years ago
Thank you for your legal advice
Mohd Imran
Responded 5 years ago
A.One could be a partner in as many as firms he wants subject to condition that he will not engage himself in a partnership firm that is having a business of similar type with another.
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Anonymous
Replied 5 years ago
Thank you so much !
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