Position or Rights of Minor during Minority in Partnership Firm by the education forum How to define explain rights of minor in partnership firm in Hindi | How to explain position of minor in partnership firm in Urdu
In this video, We will study about position or rights during in minority of minor in partnership business in urdu hindi
Content of this video:
After watching this video you will be able to give the answer of following questions:
i) Who is minor?
ii) Define minor in urdu?
iii) Define minor in hindi?
iv) How to explain position of minor in partnership firm?
v) How to explain rights of minor in partnership firm?
vi) Elaborate position or rights during in minority of minor in partnership firm?
vii) Difference between position and rights of minor during in minority in partnership organization?
Definition of Minor:
A person who is under 18 years or not attained age of 18 years is called minor person.
The following are the rights or position of minor during in minority in partnership firm:
i) Agreed Share in Profit:
ii) Rights of Inspection of Accounts:
iii) Take Part in Management:
iv) File Suit:
v) Insolvency of Minor:
i) Agreed Share in Profit:
A minor has a right to receive agreed share of the profit of the firm.
ii) Right of Inspection of Accounts:
A minor has a right to inspection of book of accounts of firm and can keep copy of accounts.
iii) Take Part in Management:
A minor has a right to take part in management of the firm.
iv) File Suit:
A has right to file suit if the firm does not give the agreed share of profit which earned by firm.
v) Insolvency of Minor:
A minor can not be declared insolvent.
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