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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.
The term Virovore is sometimes mentioned in News. Which of the following correctly define the given term:
How much assistance is given to the nominated person in case of death in an accident of a worker registered on the e-shram portal?
At what age did Gael Monfils become the oldest player to win an ATP Tour title?
Consider the following statements about ‘Statutory Liquidity Ratio (SLR)’:
1. SLR is the percentage of NDTL that a bank must keep in sa...
Which international trains operate between India and Bangladesh as of 2024?
As of April 2024, where does India rank in global rice production?
In collaboration with FIFA, the AIFF (All India Football Federation) and ___________ Government signed an MoU to establish the AIFF-FIFA Talent Academy....
According to the RBI's notification, how many days should regulated entities (RE) release the original moveable and immoveable property documents and re...
Where did the Wings India 2024 event hold in January 2024?
India's fiscal deficit for the period of April-August 2024 stood at ₹4.35 trillion, representing what percentage of the full-year target set by the go...