admission of partner
This query is : Resolved
Querist : Anonymous
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
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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Guest
Guest
(Expert)
02 February 2011
Agree with Mr. Sunil
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