Partnership - Whether incorporated companies can enter into partnership with some other person/company

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..... ther an incorporated company can enter into a partnership with some other person or some other company. The matter has been examined by this Department in consultation with the Department of Legal Affairs. The view of the Department is that prima facie a company entering into a partnership with some other person or some other company would be ultra vires and will be against the principle that a pa .....

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..... r the memorandum and articles of association of the applicant incorporated companies contain any special articles which authorise the incorporated companies to enter into partnerships and the articles who take care of the possible anomalies which have been pointed out in the Calcutta High Court s ruling in the case of Ganga Metal Refining Co. v. CIT AIR 1967 Cal. 429. - Circular - Trade Notice - .....

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