Minor and Partnership Firm (Detailed Analysis for LLB Students) The Indian Partnership Act, 1932 governs all matters related to partnerships in India, including the rights and liabilities of partners. One important area under this Act deals with minors in a partnership firm — whether they can become partners, what rights they have, and what happens when they become major. 1. Who is a Minor? A minor is a person who has not attained the age of 18 years (according to the Indian Majority Act, 1875). A minor is considered incompetent to contract under Section 11 of the Indian Contract Act, 1872 , meaning they cannot enter into any valid contract on their own. Since a partnership is a contract between two or more persons who agree to share the profits of a business, a minor cannot become a full partner because they lack contractual capacity. 2. Admission of a Minor in a Partnership Firm (Section 30 of the Partnership Act, 1932) Even though a minor cannot enter into a partne...
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