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admission of partner

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 February 2011 Dear Experts

1) can minor has been introduced in a partnership firm.

2)Suppose in a firm originally if there are only two partners and after admission of minor as a partner, any one partner retired or die(no minor) can that firm will exist or will it become dissolveear
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Sunil Kr. Sanganeria

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Sunil Kr. Sanganeria (Expert)
02 February 2011 A minor can not be a partner of a firm but he/she can be admitted to the benefit of partnership. If a firm has two partner including minor, the firm has to be dissolved
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Guest

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Guest (Expert)
02 February 2011 Agree with Mr. Sunil
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