https://www.taxtmi.com/caselaws?id=7074 Section 4 of the Indian Companies Act, 1913 barred an unregistered partnership or association of more than twenty persons from carrying on business, while the statutory exception for joint families required exclusion of minor members only in specified circumstances. A karta could enter into partnership in a representative capacity, and the family members did not automatically become partners in law; however, where joint families were in substance associated through their kartas, the adult members of those families could be counted for the statutory limit. On the findings recorded, the partnership exceeded twenty persons, so registration was rightly refused. en-us Tue, 31 Jan 1967 00:00:00 +0530 Sun, 08 Feb 2009 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7074 Section 4 of the Indian Companies Act, 1913 barred an unregistered partnership or association of more than twenty persons from carrying on business, while the statutory exception for joint families required exclusion of minor members only in specified circumstances. A karta could enter into partnership in a representative capacity, and the family members did not automatically become partners in law; however, where joint families were in substance associated through their kartas, the adult members of those families could be counted for the statutory limit. On the findings recorded, the partnership exceeded twenty persons, so registration was rightly refused. Case-Laws Income Tax Tue, 31 Jan 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7074