PARTNERSHIP FIRM
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 January 2010
WHETHER PARTNERSHIP FIRM CAN BE FORMED WITH MINOR ?
11 January 2010
Can be formed by admitting minor's for the benefit of partnership ie., not as partners.
CA CHINTAN AJMERA
(Expert)
11 January 2010
Agree With Expert
11 January 2010
agree
CA Ravi Sisodia
(Expert)
11 January 2010
Agree
CMA Ramesh Krishnan
(Expert)
11 January 2010
Yes can be formed with minor
18 January 2010
Yes a minor can be the partner in profits, but not for losses incurred by the firm
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