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Law · Q302

Indian Partnership Act

Graduate and Post Graduate · Law · question 302

Q302

Under sub-section (5) of section 30 of the Indian Partnership Act, 1932, a minor, who has been admitted to the benefits of the firm immediately on attaining majority

A.
Automatically becomes a partner in the firm
B.
Becomes a partner with the consent of all the other partners
C.
Becomes a partner only if he of his own chooses to become a partner
Answer
D.
Either (B) or (C)

Answer: Option C

Solution

Answer: Option C
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