Position of Minor in Parnership
POSITION OF A MINOR IN PARTNERSHIP According to Section 4, Indian Partnership Act, 1932, Partnership arises out of a contract. It is, therefore, necessary that the parties to the contract of partnership should be competent to contract. A minor being incompetent to contract cannot become a partner. If a minor is made a full-fledged partner along with other major persons, the agreement would be void and the deed containing their contract would be unenforceable even as between the other major partners. (Dharam Vir v. Jagan Nath, A.L.R. 1968 Punj. 84) Apart from that any person who is of the age of majority, a who is of sound mind, can employ an agent (Section 183). A minor therefore, become a principal. In a partnership, every partner deemed to be a principal (apart from being an agent as well), but since a minor cannot be a principal, he cannot become a partner for that reason also. and cannot become a partner for that reason also. A minor is not competent to enter into a contract....