minor partner

what if purchase of raw materials are purchased before the minor turned major and now the other 2 partners were in loss and decided to be insolvent and now the trader files suit against them and the minor want to safe as a minor and was only for benefits . so can he use remedy as a minor???
Replies (1)

Yes, provided he was minor on the date of purchase of the materials.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register