Minor can be admitted to the benefits of the firm
Under Section 30(1) of the Indian Partnership Act, 1932, a minor may be admitted to the benefits of partnership only "with the consent of all the partners."; the consent of…
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Minor can be admitted to the benefits of the firm
Answer and explanation
Correct answer B
Under Section 30(1) of the Indian Partnership Act, 1932, a minor may be admitted to the benefits of partnership only "with the consent of all the partners."; the consent of creditors or of the guardian is not what the section requires.
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