Which act restricts the maximum number of partners in a partnership firm that carries banking business to 10 persons? (in India) January 17, 2022 by admin Which act restricts the maximum number of partners in a partnership firm that carries banking business to 10 persons? (in India) A. Partnership Act 1932 B. Banking Regulation Act 1949 C. Companies Act 1956 (Correct) D. Income Tax Act 1961