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Is it legal if I become an active partner in a partnership firm and also be employed in a private limited company in India?

Submitted by LegalWizin on Fri, 04/02/2021 - 00:29

Yes, one can be a partner in a partnership firm along with an employee of the company. But before that one should check the employment contract as well as the partnership agreement. If there is any clause specifies that one should not carry on similar type of business in an employment contract then one cannot start a partnership firm.

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