AGREEMENT IS NECESSARY TO FORM PARTNERSHIP. PARTNERSHIP AGREEMENT MAY BE WRITTEN OR ORAL. BUT PARTNERSHIP AGREEMENT MUST BE IN WRITING IN ORDER TO AVOID ANY FUTURE DISPUTE.
IN PARTNERSHIP , THERE SHOULD BE AT LEAST TWO MEMBERS. BUT THE NUMBER OF MEMBERS MUST NOT EXCEED TWENTY IN CASE OF ORDINARY BUSINESS AND TEN IN CASE OF BANKING BUSINESS.
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