Partnership with Minor
This query is : Resolved
23 March 2025
PLEASE TELL ME CAN A PARTNERSHIP DEED MADE BY HUSBAND AND WIFE WITH THERE MINOR DAUGHTER
23 March 2025
Yes, subject to specific conditions. The Supreme Court of India has reinforced that any partnership deed that attempts to confer full partner status on a minor or imposes personal liability on them is invalid. This was upheld in cases such as Dwarkadas Khetan & Co. where it was clarified that minors can only be admitted for benefits, not full partnership rights.
According to Section 11 of the Indian Contract Act, a minor is not capable of entering into a contract. Therefore, any partnership agreement that attempts to grant full partner status to a minor is considered void and cannot be registered.
Any partnership deed that attempts to confer full partner status on a minor or does not comply with Section 30 of the Indian Partnership Act cannot be registered. Such agreements are deemed invalid under the law.
According to Section 11 of the Indian Contract Act, a minor is not capable of entering into a contract. Therefore, any partnership agreement that attempts to grant full partner status to a minor is considered void and cannot be registered.
Any partnership deed that attempts to confer full partner status on a minor or does not comply with Section 30 of the Indian Partnership Act cannot be registered. Such agreements are deemed invalid under the law.
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