Question

Can a minor become the member of a joint hindi family business?

Answer 1

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 When the inclusion of an individual into the business occurs due to the birth in the Hindu Undivided Family (HUF) is known as minor. Hence, a minor cannot become a partner in any firm. However, a minor can be admitted to the benefits of a partnership firm with the mutual consent of all other partners.

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Answer 2

Answer:

When the inclusion of an individual into the business occurs due to the birth in the Hindu Undivided Family (HUF) is known as minor. Hence, a minor cannot become a partner in any firm. However, a minor can be admitted to the benefits of a partnership firm with the mutual consent of all other partners.

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Explanation:

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