HELLO FRIENDS, CAN ANYBODY TELL ME WHETHER A FATHER, MOTHER AND TWO SONS CAN ALL BECOME PARTNERS IN THE SAME FIRM.
IS THERE ANY LEGAL PROBLEM OR NOT.
PLS. HELP ME.
THANKS.
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Partnership firm
Replies (1)
I don't think that theres any problem in creation, not even in LLP
2 sons, major or minor? If minor then read Sec. 30
Just for refrence Partnership Act; MCA
www.mca.gov.in/Ministry/actsbills/pdf/Partnership_Act_1932.pdf
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