How to - Types of partnership

Types of partnership

The result of this summary of the Act is that a partnership is generally created by agreement between the partners. A partnership can be formed between

	one or more Individuals or
	between an Individual and a person representing a H.U.F. or
	between an Individual and other partner representing his firm, or
	between two partnership firms or
	between a Limited Company or a Corporation and an Individual or partnership firm or
	between a partnership and a H.U.F.
	between members of HUF in their individual and independent capacity
	between a HUF and a member of that HUF independently.