Can the following persons or institutions become member of a company under the provisions of Companies Act, 2013: (i) MK Associates, which is a Partnership Firm.
CS Executive · Company Law · PYQS · December 2023
Can the following persons or institutions become member of a company under the provisions of Companies Act, 2013: (i) MK Associates, which is a Partnership Firm.
Answer & Explanation:
A partnership firm is not a legal person and as such it cannot, in its own, become a member of a company. MK Associates, which is a partnership firm, cannot be a member of Company.
Topics: Membership
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