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Law · Q516

Indian Partnership Act

Graduate and Post Graduate · Law · question 516

Q516

On becoming a partner, on attaining majority by a minor who was admitted to the benefits of the firm, his personal liability, under section 30(7) of the Act, for the acts of the firm, commences from

A.
The date of majority
B.
The date of exercising the option
C.
The date of admission to the benefits of the firm
Answer
D.
The date as decided by the partners themselves

Answer: Option C

Solution

Answer: Option C
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