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Complied AI Back to law library Reading nowCompanies Rules under the Companies Act, 201355 chapters · 1109 rules

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Rule 10: Association or partnership of persons exceeding certain number · Complied AI

Chapter 54
Rule 10

Rule 10Chapter 54

Association or partnership of persons exceeding certain number

No association or partnership shall be formed, consisting of more than fifty persons for the purpose of carrying on any business that has for its objects the acquisition of gain by the association or partnership or by individual members thereof, unless it is registered as a company under the Act or is formed under any other law for the time being in force.

Rule 9 Rule 10 Rule 11