Start learning 50% faster. Sign in now
As per S. 30 30. Minors admitted to the benefits of partnership.— (1) A person who is a minor according to the law to which he is subject may not be a partner in a firm, but, with the consent of all the partners for the time being, he may be admitted to the benefits of partnership. (2) Such minor has a right to such share of the property and of the profits of the firm as may be agreed upon, and he may have access to and inspect and copy any of the accounts of the firm. (3) Such minor’s share is liable for the acts of the firm, but the minor is not personally liable for any such act.
What major challenge was highlighted in the S&P Global Mobility survey regarding Indian cities?
Who won the Best Actor Award at the 2025 BAFTA Awards?
Which of the following statements given below are correct according to the Union Budget 2023-24, regarding indirect tax:
1. Excise duty ...
When did the Mahatma Gandhi Institute (MGI) in Mauritius begin its operations?
Where will the first Olympic Esports Games be held in 2027?
What is the per capita Net Value Added (NVA) for the rural areas in the year 2011-12 as per the data compiled by the Government of the rural income?
What is the projected household savings in India for FY25, according to SBI?
Who established the Chandela dynasty in Jejakabhukti?