Prohibition of association or partnership of persons exceeding certain number

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..... ip of persons exceeding certain number 464. (1) No association or partnership consisting of more than such number of persons as may be prescribed shall be formed for the purpose of carrying on any bus .....

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..... (a) a Hindu undivided family carrying on any business; or (b) an association or partnership, if it is formed by professionals who are governed by special Acts. (3) Every member of an association or pa .....

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