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

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Full Text of the Document

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....ted 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 particular company ....