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A sleeping partner is an investor who provides capital but does not manage a business. Learn about the legal structures, responsibilities, advantages, and disadvantages of being a sleeping partner in different industries. Among the various types of partners, a sleeping partner, also known as a dormant or silent partner, plays a distinct role. A sleeping partner contributes capital to the partnership but does not participate in its day-to-day management or decision-making processes. In this article, he discusses various types of partners and partnership in accordance with the Indian Partnership Act. A sleeping partner, also known as a silent partner, is an individual who invests capital into a business but does not participate in its daily operations or management.
