This question has been asked by a premium member of this site. It is indeed an issue that the company which is incorporated under Companies Act is a person . If it desires to have partnership with an Individual or another company under Indian partnership Act 1932, there is not statutory bar to register such a partnership firm .The reason is that in order to constitute a partnership three condition must be fulfilled as per section 4 of IPA 1932
- there must be an agreement entered in to by two or more persons
- the agreement must be to share the profits of a business
- that the business must be carried on by all or any of those persons acting for all.
There is no conditions about what type of person can be partner .