Can a society registered under Societies Registration Act (an AOP), be a partner in a firm?
Society AOP - partner of a firm
Siva Rama
A Society Registered Under Societies Registration Act Can Be a Partner in a Firm as an AOP A query was raised regarding whether a society registered under the Societies Registration Act, classified as an Association of Persons (AOP), can be a partner in a firm. The response provided by a participant indicated that, in their opinion, it is indeed possible for such a society to be a partner in a firm. (AI Summary)
TaxTMI
TaxTMI