https://www.taxtmi.com/caselaws?id=72801 Under the Gold (Control) Act, a firm is treated as the dealer and may apply for a licence through its managing or authorised partner. The statutory declaration for licensing is to be made by the firm, and a minor's incapacity to contract under general law does not, by itself, disqualify the firm from statutory licensing or approval of a change in partnership. The Act contains no express or necessary implied prohibition against including a minor as a partner for these purposes. The presence of a minor also does not prevent enforcement action against the firm and other persons liable for any contravention. en-us Wed, 28 Jan 1987 00:00:00 +0530 Wed, 25 Jan 2012 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72801 Under the Gold (Control) Act, a firm is treated as the dealer and may apply for a licence through its managing or authorised partner. The statutory declaration for licensing is to be made by the firm, and a minor's incapacity to contract under general law does not, by itself, disqualify the firm from statutory licensing or approval of a change in partnership. The Act contains no express or necessary implied prohibition against including a minor as a partner for these purposes. The presence of a minor also does not prevent enforcement action against the firm and other persons liable for any contravention. Case-Laws Central Excise Wed, 28 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72801