Partnership act

This query is : Resolved 

01 August 2013 CAN A MINOR BECOME A PARTNER IN NEW FIRM

01 August 2013 A minor can not become partner in New Firm or even in old firm also.
.
He can be admitted to the benefits ( and not losses) of an existing partnership with the consent of all the existing partners.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Follow us


Answer Query