Hi
I have query about Director/Partnership eligibility.
Can a 5 years child (6 running) be come a director or partner in an LLP company which is into Services business.
Let me know
Kumar
Kumar 05 January 2024
Hi
I have query about Director/Partnership eligibility.
Can a 5 years child (6 running) be come a director or partner in an LLP company which is into Services business.
Let me know
Kumar
SAM (LEGAL) 05 January 2024
A minor child of 5 years can't become a director or partner in an LLP company which is into Services business.
T. Kalaiselvan, Advocate (Advocate) 05 January 2024
The Partnership Act 1932, does not permit a minor to become a partner in the partnership firm. However he may be admitted to the benefits of partnership firm with the mutual consent of all the partners. He is not allowed to participate in management but remains liable to outsiders
Sudhir Kumar, Advocate (Advocate) 07 March 2024
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