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From course:

partnership act LAW 2020

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Question:

LIABLITIES of MINORS

Author: Rasika palwe



Answer:

1. not personal liable nor his private estates is liable. 2. cannot declared insolvent. but if firm become insolvent then his share are transfer to officer assignee. 3. after 6 month of atainig majority need to give public notice. if not given then he will automatically be declared as partner.


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