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प्रश्न
Can a minor is admitted in the partnership business – Why?
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उत्तर
In a partnership, the minor cannot become a co-partner though he may be admitted to the benefit of the partnership. In a Joint Hindu Family firm, even a newborn baby can be a partner. The membership of the family can be acquired only by birth. As soon as the male child is born in the family, that child becomes a member.
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संबंधित प्रश्न
Write only ‘one’ word or phrase or term which can substitute the following statement :
A partner who gives only his name to the partnership firm.
Explain the Types of Partners?
What is meant by 'partner by estoppel'? Explain.
Who is a Sleeping partner?
Who is a Minor?
Who is called a Secret partner?
Who is responsible for managing daily operations and has unlimited liability in a partnership firm?
Which type of partner only shares profits, cannot participate in management, and has no personal liability for the firm’s losses?
Which partner is only involved by sharing profits and has no role in management or firm decisions?
When a person who has retired leaves their capital in the firm and continues earning but has no management role, what are they called?
