admission of partner


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Querist : Anonymous

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Querist : Anonymous (Querist)
02 February 2011 Dear Experts

1) can minor has been introduced in a partnership firm.

2)Suppose in a firm originally if there are only two partners and after admission of minor as a partner, any one partner retired or die(no minor) can that firm will exist or will it become dissolveear

02 February 2011 A minor can not be a partner of a firm but he/she can be admitted to the benefit of partnership. If a firm has two partner including minor, the firm has to be dissolved

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02 February 2011 Agree with Mr. Sunil


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