who is a third party in partnership act 1932
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around in the section 30 of the partnership act 1932 someone who is recognised as a minor by the law may not be a partner of the firm but the minor with consent of all the partner in the firm can we given the benefit of the partnership
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Explanation:
According to section 30 of the partnership Act,1932,someone who is recognised as a minor by the law may not be a partner of the firm but the minor with the consent of all the partners in the firm can be given the benefits of the partnership.Minors are considered to be unifit to be able to make decisions for themselves by the law keeping that in mind,when a minor is admitted in a partnership setup he is liable for his shares in the partnership but not liable for his actions .
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