Wondering if a minor can join a partnership firm? This blog on JustStart explains the legal position of minors in Indian partnership law, including how they may be admitted for benefits, what limitations apply, and under what conditions they can participate in the firm’s profits. It also covers when a minor can become a full partner and the key legal protections you should know before involving a minor in any business arrangement. Read the full article on JustStart to get clear, practical insights into this important aspect of partnership law. https://juststart.co.in/blog/minor-as-a-partner-in-a-partnership-firm/
Wondering if a minor can join a partnership firm? This blog on JustStart explains the legal position of minors in Indian partnership law, including how they may be admitted for benefits, what limitations apply, and under what conditions they can participate in the firm’s profits. It also covers when a minor can become a full partner and the key legal protections you should know before involving a minor in any business arrangement. Read the full article on JustStart to get clear, practical insights into this important aspect of partnership law. https://juststart.co.in/blog/minor-as-a-partner-in-a-partnership-firm/
Minor Partner in Firm Under The Partnership Act 1932
According to law, a minor cannot be a partner in a firm, but with the consent of all the partners, he can claim the rights and benefits of a partnership.
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