Question
Which of the following is true about a Minor's
liability in a partnership firm?Solution
As per S. 30 30. Minors admitted to the benefits of partnership.— (1) A person who is a minor according to the law to which he is subject may not be a partner in a firm, but, with the consent of all the partners for the time being, he may be admitted to the benefits of partnership. (2) Such minor has a right to such share of the property and of the profits of the firm as may be agreed upon, and he may have access to and inspect and copy any of the accounts of the firm. (3) Such minor’s share is liable for the acts of the firm, but the minor is not personally liable for any such act.
Who among the following became the first woman Chairperson of Indian Banks' Association (IBA)?
As per government announcement which year will be celebrated as Year of Sports
Samar "Badru" Banerjee passed away on 20th August, he was a famous_____.
What is the growth projection for the FY 2018-19 in the recently released Economic Survey?
In ARR method the decision is to accept the project if ARR is more than the minimum expected rate of return
The Sipat Super Thermal Power Station is located in which state ?
How many states in India's northeast share a border with Myanmar?
Which is the third most populous country in the world?
पूर्वोत्तर के किस राज्य को वर्ष 2022 के राष्ट्रीय खेलों की म�...
ASEAN is an inter-governmental organization of countries of: